Interested in purchasing investment houses in the 70117 zip code in New Orleans, LA?
The zip code 70117 is in Orleans county with a latitude of -90.030050000000 and longitude of 29.968450000000, is in the state of Louisiana. The average asking price of houses and condos is $91,349.00 and the average sale price was $250,632.00. this regions is classified as the New Orleans metro area and is in the 504 area code. The location in degrees is 29° 58' 6.42" N, 90° 1' 48.18" W. The county F.I.P.S. is 22071. The total land area is 5.5 square miles and the water area is 0.8 square miles. The elevation in this area is 0 - 3 feet. The zip code is on central standard time and observes daylight savings time.
The zip 70117 is in county number 071 and is L. Sector 11, L. Segment 09, H. Sector 09, and H. Segment 09. The population was 27,433 in 2019 and 23,389 in 2010. This further breaks down to 13,233 males (48.2%) and 14,199 females (51.8%). The median age of residents is 40.3 years. The population of the greater New Orleans-Metairie-Kenner, LA area is 1,187,772. The population density (people per square mile) is 5,006. This zip code has a combined total of 15,793 houses and condos. There are 6,175 rented appartments. 52% of residents rent versus the 52% 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 $28,671 and the average salary is $26,547. The median household income of individuals is $23,953.00 and the average is $38,350.00. This zip code has a mean commute time to work of 26.2 minutes. The unemployment rate is 8.9%. Income earners by percent breakdown as 81.90% (Under $50,000), 15.30% ($50,000-$100,000), and 2.70% earn over $100,000. 27.9% of residents live below poverty line versus the 19.0% in the state that are below this line. The cost of living index is 99.1. The educational breakdown is 81.7% have a high school education or higher, 26.7% have a bachelor's degree or higher, and 10.3% have some kind of profesional degree.
This area has 9,887 households and the average size is 2.3 people. Individuals who are single and have never been married are 48.1%, 26.5% are now married, 4.0% are separated, 6.6% are widowed, and 14.8% are divorced. The average yearly contribution amount given by people to charity was $3,259 versus the state average of $5,533. The percent of residents who gave to charity was 10.1%.
The estimated median value of houses and condos is $204,010. The median monthly owner costs of mortgage holders was $1,503, where as the costs for those who don't have a mortgage are $438. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $1,247. 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 0.7% which amounted to an average tax amount of $1,962. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $778. Reported taxable interest for persons was $897, dividends $3,982, capital gains +$12,571, and itemized deductions $16,539. The average earned income tax credit is $2,561. The percent of individuals that use a tax preparer is 49.8%. The total average income taxes paid by individuals was $4,064. Businesses reported an average profit of $7,406.
The Joint
701 Mazant St, New Orleans, LA 70117
Elizabeth's Restaurant
601 Gallier St, New Orleans, LA 70117
Clover Grill
900 Bourbon St, New Orleans, LA 70116 (2 miles away)
La Frosty King
6617 W Judge Perez Dr, Arabi, LA 70032 (2.2 miles away)
Dimartino's Famous New Orleans Muffulettas
3900 General Degaulle Dr, New Orleans, LA 70114 (2.2 miles away)
Deanie's Seafood Restaurant
841 Iberville St, New Orleans, LA 70112 (2.7 miles away)
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