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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
86%
14%
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 Market182
Sale-to-List Ratio1.0%
Price Drops9.1%
Homes Sold6
Active Inventory22
Price Per Sq Ft$116

Ownership & Stock

Owner-Occupied85.9%
Renter-Occupied14.1%
Homeownership Rate85.9%
Total Housing Units2,358
Median Year Built1989
Rent Burden18.9%