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Gramercy, LA Real Estate


According to census data in the year 2000 there were 1,162 housing units in Gramercy. This represents a 33.6% growth from 870 in 1990.

Of those housing units, 1,153 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.

Homeownership rate in Gramercy is about 84.9%. Gramercy's vacancy rate, including seasonal lodging, is about 5.7%. Average household size is 2.8 people.

The majority of houses, apartments or condos in Gramercy were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom4%
Two Bedrooms28.70%
Three Bedrooms57.30%
Four Bedrooms8.90%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1970
Median Value of occupied units$76,400
Median Price asked for vacant units$35,000

Rented Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1967
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.30%
Home Equity Loan0.40%
Simple Mortgage37.80%
Debt Free59.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13%