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Grand Coteau

Learn about the people, housing, costs and businesses in Grand Coteau, Louisiana

Median Home$182,169
Median Rent$703/month
Population679
Leading IndustriesPublic Administration · Manufacturing · Professional Services31% public administration
Home Value Growth+8.8% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners55% of occupied units
Grand Coteau
LA

Frequently Asked Questions

What are today's mortgage rates in Grand Coteau?

As of today, the 30-year fixed mortgage rate for Grand Coteau is approximately 6.917% (6.954% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Grand Coteau?

The median home value in Grand Coteau is $182k. The median monthly rent is $703. Annual property taxes average $568. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grand Coteau?

Home values in Grand Coteau have increased 8.8% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Grand Coteau?

Based on a typical all-in ownership cost of $679/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grand Coteau is $57k/year.

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What industries drive the economy in Grand Coteau?

The largest employment sectors in Grand Coteau are public administration (31%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.