Zip Code:

70359, Gray, LA

70359 is a Louisiana Zip code within the city of Gray and the county of Terrebonne Parish. Its population is roughly 8,465.

The Real Estate Market in Gray, Louisiana

The Gray, Louisiana zip code 70359 has a population of just over 7,000 people. The median household income in the zip code is just over $50,000. This means that the home equity and home prices in this area are both quite high.

As of September 2017, the median home value in the Gray zip code was $215,000. This is significantly higher than the national median home value of $181,500. In addition, the average home equity loan amount in this zip code is also quite high at $141,000. This means that many homeowners in this area have a considerable amount of equity in their homes.

Overall, it appears that homeownership rates and home values are both high in the Gray zip code70359. This may be due to its close proximity to major metropolitan areas such as Baton Rouge and New Orleans as well as its relatively low cost of living compared to other areas of Louisiana.

Price Index: Houma-Thibodaux, LA

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