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Gramercy town, LA

ZIP 70052 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 70052

Median Home Value
$211,400
Median Rent
$763
Affordability Snapshot
$58,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,358/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 70052 in Gramercy town, LA, a household would need roughly $58,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,358. That sits below the local median household income ($66,950), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 18% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
81.1%+24% vs US avg
x
Vacancy Rate
17.8%+73% vs US avg
x
Broadband Access
91.7%+5% vs US avg
x
4+ Bedrooms
3.3%-78% vs US avg
x
Built Pre-1939
6.0%-53% vs US avg
x
Built Post-2014
2.3%-67% vs US avg
x
Rent Burden >30%
57.8%+16% vs US avg
x
Mortgage-Free
36.6%-4% vs US avg
x
$211,400
Home Value
$763
Rent
1998
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached76.7%
  • 1-unit attached0.0%
  • 2-9 units11.5%
  • 10+ units0.0%
  • Mobile home & other11.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$211,400
Median rent$763
Owner-occupied81.1%
Vacant17.8%
Price-to-income3.2x
Est. income to buy$58,000