Area data
New orleans, LA — ZIP 70118
Population: 36,072 (Census ACS)
Home values & appreciation
- Median home value
- $364,976
- 1-year appreciation
- +0.4%
- 3-year appreciation
- -10.3%
- 5-year appreciation
- -9.2%
- 10-year appreciation
- +11.7%
- All-time peak (2022-07)
- $439,486
- House Price Index
- 368.9 (+2.6% YoY)
Market activity
- Median sale price
- $445,000
- Median list price
- $475,000
- Median days on market
- 64 days
- Sale-to-list ratio
- 95.1%
- Active listings
- 162
- 1-year forecast
- -3.0%
- Days to pending
- 99 days
- New listings (monthly)
- 30
Rents
- Typical rent
- $1,701/mo
- 1-year rent change
- +3.3%
- 1BR fair-market rent
- $846/mo
- 3BR fair-market rent
- $1,340/mo
Affordability
- Cost of living index (Below Average)
- 90.5 (100 = US avg)
- Electricity rate (state-level)
- 12.6¢/kWh
- Natural gas rate (state-level)
- $17.40/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 2
- Elementary schools
- 2
- Middle schools
- 0
- High schools
- 0
- Charter schools
- 2
Natural hazards & flood risk
- Overall hazard risk
- Relatively High
- Top hazards
- hurricane, lightning, coldWave, heatWave, inlandFlooding
- FEMA flood zone
- A01
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 72.0°F
- Average high
- 81.0°F
- Average low
- 63.0°F
- Annual precipitation
- 66.1 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 41
- Days with Good air quality
- 248
Walkability & transit
- Walkability index
- 14.8 / 20
- Transit service frequency
- 479
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- New Orleans Jazz National Historical Park (4 mi)
- Nearest airport
- Southern Seaplane Airport (BCS) (8 mi)
- Nearest major airport
- Lakefront Airport (NEW) (9 mi)
- Hospitals nearby (~15 mi)
- 1
- Solar radiation rating
- Good (4.7 kWh/m²/day)
Migration
- Net migration
- -3,093 tax filers
Housing stock
- Median year housing built
- 1,938
- Median annual property tax
- $4,845
- Mean commute to work
- 16 min
- Households with broadband internet
- 77.1%
Employment & development
- Total county employment
- 161,489
- Average weekly wage
- $1,199
- Top industries (by employment)
- Accommodation & Food, Health Care, Education
- Annual residential building permits (county)
- 165
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →