Interested in purchasing investment houses in the 70123 zip code in New Orleans, LA?
The zip code 70123 is in Jefferson county with a latitude of -90.205070000000 and longitude of 29.950900000000, is in the state of Louisiana. The average asking price of houses and condos is $259,992.00 and the average sale price was $202,640.00. this regions is classified as the New Orleans metro area and is in the 504 area code. The location in degrees is 29° 57' 3.24" N, 90° 12' 18.252" W. The county F.I.P.S. is 22051. This zip code contains three cities including River Ridge, LA (39.13%), Elmwood, LA (33.15%), and Harahan, LA (27.72%) The total land area is 7.5 square miles and the water area is 1.5 square miles. The elevation in this area is 0 - 7 feet. The zip code is on central standard time and observes daylight savings time.
The zip 70123 is in county number 071 and is L. Sector 17, L. Segment 99, H. Sector 99, and H. Segment 99. The population was 27,531 in 2019 and 26,475 in 2010. This further breaks down to 13,548 males (49.2%) and 13,982 females (50.8%). The median age of residents is 42.5 years. The population of the greater New Orleans-Metairie-Kenner, LA area is 1,187,772. The population density (people per square mile) is 3,669. This zip code has a combined total of 13,297 houses and condos. There are 4,879 rented appartments. 41% of residents rent versus the 41% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $78,486 and the average salary is $60,663. The median household income of individuals is $51,631.00 and the average is $91,600.00. This zip code has a mean commute time to work of 23.7 minutes. The unemployment rate is 2.7%. Income earners by percent breakdown as 48.20% (Under $50,000), 32.10% ($50,000-$100,000), and 19.70% earn over $100,000. 7.5% of residents live below poverty line versus the 19.0% in the state that are below this line. The cost of living index is 97.3. The educational breakdown is 94.4% have a high school education or higher, 41.2% have a bachelor's degree or higher, and 16.9% have some kind of profesional degree.
This area has 11,970 households and the average size is 2.3 people. Individuals who are single and have never been married are 31.6%, 48.8% are now married, 1.4% are separated, 6.9% are widowed, and 11.4% are divorced. The average yearly contribution amount given by people to charity was $4,504 versus the state average of $5,533. The percent of residents who gave to charity was 26.6%.
The estimated median value of houses and condos is $281,744. The median monthly owner costs of mortgage holders was $1,683, where as the costs for those who don't have a mortgage are $468. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $1,338. 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 0.5% which amounted to an average tax amount of $1,454. 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 $1,175. Reported taxable interest for persons was $2,855, dividends $7,861, capital gains +$17,921, and itemized deductions $23,982. The average earned income tax credit is $2,008. The percent of individuals that use a tax preparer is 53.3%. The total average income taxes paid by individuals was $7,909. Businesses reported an average profit of $19,350.
Jaeger's Seafood and Oyster House
901 S Clearview Pkwy, New Orleans, LA 70121 (3 miles away)
N O Hamburger & Seafood Company
6920 Veterans Memorial Blvd, Metairie, LA 70003 (3.2 miles away)
Randazzo's Family Restaurant
4462 Wabash St, Metairie, LA 70001 (3.3 miles away)
Amy's Seafood
100 Westbank Expy, Westwego, LA 70094 (3.7 miles away)
Acme Oyster House
900 Airline Dr, Kenner, LA 70062 (3.7 miles away)
Bonefish Grill
4848 Veterans Memorial Blvd Ste B, Metairie, LA 70006 (4.4 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
