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Grand Point

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

Median Home$251,447
Median Rent$1,542/month
Population2,274
Leading IndustriesPublic Administration · Arts, Food & Hospitality27% public administration
Home Value Growth⬆⬆⬆+32.6% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners95% of occupied units
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
NotableHigh Incomes$88k/year · top 27% nationally
Grand Point
LA

Frequently Asked Questions

What are today's mortgage rates in Grand Point?

As of today, the 30-year fixed mortgage rate for Grand Point is approximately 6.945% (6.983% 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 Point?

The median home value in Grand Point is $251k. The median monthly rent is $1,542. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grand Point?

Home values in Grand Point have increased 32.6% over the past two years. This indicates a strong appreciation trend. 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 Point?

Based on a typical all-in ownership cost of $939/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grand Point is $88k/year.

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What industries drive the economy in Grand Point?

The largest employment sectors in Grand Point are public administration (27%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.