Interested in purchasing investment houses in the 70359 zip code in Gray, LA?
The zip code 70359 is in both Terrebonne and Lafourche counties with a latitude of -90.776540000000 and longitude of 29.694010000000, is in the state of Louisiana. The average asking price of houses and condos is $589,333.00 and the average sale price was $152,544.00. this regions is classified as the New Orleans metro area and is in the 985 area code. The location in degrees is 29° 41' 38.436" N, 90° 46' 35.544" W. The county F.I.P.S. is 22109. This zip code contains two cities including Gray, LA (61.51%), and Bayou Blue, LA (38.47%) The total land area is 9.5 square miles and the water area is 0.0 square miles. The elevation in this area is 3 - 7 feet. The zip code is on central standard time and observes daylight savings time.
The zip 70359 is in county number 109 and is L. Sector 06, L. Segment 91, H. Sector 50, and H. Segment 50. The population was 8,557 in 2019 and 8,408 in 2010. Of this, the break down in 2019 was 7,828 urban and 728 rural. This further breaks down to 4,430 males (51.8%) and 4,126 females (48.2%). The median age of residents is 33.5 years. The population of the greater Houma-Bayou Cane-Thibodaux, LA area is 204,128. The population density (people per square mile) is 898. This zip code has a combined total of 3,564 houses and condos. There are 738 rented appartments. 23% of residents rent versus the 23% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $48,885 and the average salary is $44,806. The median household income of individuals is $36,927.00 and the average is $53,800.00. This zip code has a mean commute time to work of 31.8 minutes. The unemployment rate is 1.6%. Income earners by percent breakdown as 63.70% (Under $50,000), 28.30% ($50,000-$100,000), and 8.00% earn over $100,000. 13.7% of residents live below poverty line versus the 19.0% in the state that are below this line. The cost of living index is 84.6. The educational breakdown is 88.0% have a high school education or higher, 13.0% have a bachelor's degree or higher, and 1.9% have some kind of profesional degree.
This area has 2,877 households and the average size is 2.7 people. Individuals who are single and have never been married are 33.3%, 46.8% are now married, 1.3% are separated, 6.2% are widowed, and 12.4% are divorced. The average yearly contribution amount given by people to charity was $3,688 versus the state average of $5,533. The percent of residents who gave to charity was 11.1%.
The estimated median value of houses and condos is $172,828. The median monthly owner costs of mortgage holders was $1,400, where as the costs for those who don't have a mortgage are $336. The median number of rooms in houses and condos are 5.4 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $920. In comparision, the average real estate tax percent rate in the state is 0.5% which equated to an average real estate tax amount payment in the state of $919. The median housing property tax percent for residents with mortgages was 0.6% which amounted to an average tax amount of $1,023. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.3% which amounted to an average tax amount of $463. Reported taxable interest for persons was $555, dividends $1,621, capital gains +$8,989, and itemized deductions $18,529. The average earned income tax credit is $2,545. The percent of individuals that use a tax preparer is 52.1%. The total average income taxes paid by individuals was $4,853. Businesses reported an average profit of $12,944.
BJ's Country Kitchen Inc
2903 Highway 316, Gray, LA 70359
Big Meat's Soul Food Cafe
3059 W Main St, Gray, LA 70359
Krispy Krunchy Chicken
3121 W Park Ave, Gray, LA 70359
B & G Foods Inc
141 Linda Ann Ave, Gray, LA 70359
S And D Spicy Kitchens
4090 W Main St, Gray, LA 70359
Taqueria
4067 W Park Ave, Gray, LA 70359