Zip Code

70116

City

New Orleans, LA

Population & Migration

What is the forecasted population for Zip code 70116 New Orleans, LA?

Population census 2020
11,950
Forecasted population 2025
9,780
-18.2% vs. 2020
Forecasted population 2030
10,240
-14.3% vs. 2020

Zip code 70116 New Orleans, LA population is forecasted to decrease -18.2% by 2025 (-22.9 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 9,780 people for 2025 zip code 70116 New Orleans, LA will generate a good demand for housing, which is expected to have an excess of -1,404 houses for 2030. Vacancy rate is 30.0 points above national US average.

Total homes available 2020
9,813
Estimated total home demand in 2030
8,408
Total homes balance inventory
-1,404

Average Household Income in zip code 70116 New Orleans, LA
from Internal Revenue Service

Average household income in 2021
$78,380

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 70116 New Orleans, LA?

County total number of drinking water violations

29

-87%

226

County total number of drinking water contaminations

3

-87%

23

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