Interested in purchasing investment houses in the 70127 zip code in New Orleans, LA?
The zip code 70127 is in Orleans county with a latitude of -89.976750000000 and longitude of 30.025030000000, is in the state of Louisiana. The average asking price of houses and condos is $156,204.00 and the average sale price was $40,000.00. this regions is classified as the New Orleans metro area and is in the 504 area code. The location in degrees is 30° 1' 30.108" N, 89° 58' 36.3" W. The county F.I.P.S. is 22071. The total land area is 7.1 square miles and the water area is 0.6 square miles. The zip code is on central standard time and observes daylight savings time.
The zip 70127 is in county number 071 and is L. Sector 01, L. Segment 03, H. Sector 03, and H. Segment 03. The population was 26,120 in 2019 and 20,471 in 2010. Of this, the break down in 2019 was 26,025 urban and 94 rural. This further breaks down to 11,817 males (45.2%) and 14,303 females (54.8%). The median age of residents is 35.1 years. The population of the greater New Orleans-Metairie-Kenner, LA area is 1,187,772. The population density (people per square mile) is 3,681. This zip code has a combined total of 11,447 houses and condos. There are 5,568 rented appartments. 56% of residents rent versus the 56% 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 $29,448 and the average salary is $28,120. The median household income of individuals is $38,642.00 and the average is $33,050.00. This zip code has a mean commute time to work of 30.7 minutes. The unemployment rate is 7.7%. Income earners by percent breakdown as 62.50% (Under $50,000), 31.30% ($50,000-$100,000), and 6.10% earn over $100,000. 29.2% of residents live below poverty line versus the 19.0% in the state that are below this line. The cost of living index is 98.3. The educational breakdown is 84.2% have a high school education or higher, 20.0% have a bachelor's degree or higher, and 7.2% have some kind of profesional degree.
This area has 7,606 households and the average size is 2.6 people. Individuals who are single and have never been married are 52.2%, 26.8% are now married, 3.3% are separated, 6.6% are widowed, and 11.0% are divorced. The average yearly contribution amount given by people to charity was $4,471 versus the state average of $5,533. The percent of residents who gave to charity was 15.7%.
The estimated median value of houses and condos is $173,823. The median monthly owner costs of mortgage holders was $1,323, where as the costs for those who don't have a mortgage are $391. The median number of rooms in houses and condos are 6.8 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $1,042. 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 $1,134. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $970. Reported taxable interest for persons was $637, dividends $2,161, capital gains +$2,706, and itemized deductions $17,850. The average earned income tax credit is $2,923. The percent of individuals that use a tax preparer is 51.3%. The total average income taxes paid by individuals was $3,271. Businesses reported an average profit of $4,052.
La Frosty King
6617 W Judge Perez Dr, Arabi, LA 70032 (5 miles away)
The Joint
701 Mazant St, New Orleans, LA 70117 (5.4 miles away)
Christie Dreams Seafood
1900 E Saint Bernard Hwy, Chalmette, LA 70043 (5.9 miles away)
Clover Grill
900 Bourbon St, New Orleans, LA 70116 (6.9 miles away)
Dimartino's Famous New Orleans Muffulettas
3900 General Degaulle Dr, New Orleans, LA 70114 (7.3 miles away)
Crave
3201 E Judge Perez Dr, Meraux, LA 70075 (7.5 miles away)
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