Gray, LA
Full City Profile · Louisiana · Terrebonne Parish County
3.0
/5.0
B
Good
5,524
Population
481/sq mi density
$57,472
Median Income
$30,469 per capita
$155,200
Home Value
$226,459 Zillow
$1,118
Median Rent
18.9% income on rent
70°F
Avg Temperature
317 sunny days/yr
542
Violent Crime/100K
4,202 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$57,472 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$155,200 home value, $1,118/mo rent
F
Safety
1.0 / 5.0
542 violent crimes/100K (43% above avg)
C
Education
2.1 / 5.0
14.1% bachelor's degree or higher
Housing Overview
Median Home Value
$155,200
45% below
US avg: $281,900
Median Rent
$1,118/mo
4% below
US avg: $1,163/mo
Homeownership Rate
85.9%
31% above US avg (65.4%)
Total Housing Units
2,358
Median year built: 1989
Home Value by Source
Census Median
$155,200
Zillow (ZHVI)
$226,459
Median Sale Price
$208,000
Median List Price
$207,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.9%
Owner-Occupied
14.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$763/mo
1 Bedroom
$832/mo
2 Bedroom
$1,007/mo
3 Bedroom
$1,298/mo
4 Bedroom
$1,508/mo
Census median rent:
$1,118/mo
Market Indicators (Redfin)
Median Days on Market
182 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
9.1%
of listings with price reduction
Price Per Sq Ft
$116
Active Inventory
22
homes for sale
Affordability & Housing Stock
Rent Burden
18.9%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
85.9%
Complete Housing Data
Home Values
| Census Median Value | $155,200 |
| Zillow Home Value (ZHVI) | $226,459 |
| Median Sale Price | $208,000 |
| Median List Price | $207,500 |
| Price Per Sq Ft | $116 |
Rent
| Census Median Rent | $1,118 |
| FMR Studio | $763 |
| FMR 1-Bedroom | $832 |
| FMR 2-Bedroom | $1,007 |
| FMR 3-Bedroom | $1,298 |
| FMR 4-Bedroom | $1,508 |
Market
| Days on Market | 182 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 9.1% |
| Homes Sold | 6 |
| Active Inventory | 22 |
| Price Per Sq Ft | $116 |
Ownership & Stock
| Owner-Occupied | 85.9% |
| Renter-Occupied | 14.1% |
| Homeownership Rate | 85.9% |
| Total Housing Units | 2,358 |
| Median Year Built | 1989 |
| Rent Burden | 18.9% |
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