Zip Code

70118

City

New Orleans, LA

Population & Migration

What is the forecasted population for Zip code 70118 New Orleans, LA?

Population census 2020
36,963
Forecasted population 2025
38,161
3.2% vs. 2020
Forecasted population 2030
40,480
9.5% vs. 2020

Zip code 70118 New Orleans, LA population is forecasted to decrease 3.2% by 2025 (-1.5 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 38,161 people for 2025 zip code 70118 New Orleans, LA will generate a good demand for housing, which is expected to have a deficit of 1,573 houses for 2030. Vacancy rate is 8.0 points above national US average.

Total homes available 2020
16,533
Estimated total home demand in 2030
18,106
Total homes balance inventory
1,573

Average Household Income in zip code 70118 New Orleans, LA
from Internal Revenue Service

Average household income in 2021
$104,304

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 70118 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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