Zip Code

70124

City

New Orleans, LA

Population & Migration

What is the forecasted population for Zip code 70124 New Orleans, LA?

Population census 2020
19,362
Forecasted population 2025
24,031
24.1% vs. 2020
Forecasted population 2030
26,751
38.2% vs. 2020

Zip code 70124 New Orleans, LA population is forecasted to grow 24.1% by 2025 (19.4 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 24,031 people for 2025 zip code 70124 New Orleans, LA will generate a good demand for housing, which is expected to have a deficit of 3,286 houses for 2030. Vacancy rate is 0.3 points below national US average.

Total homes available 2020
8,611
Estimated total home demand in 2030
11,897
Total homes balance inventory
3,286

Average Household Income in zip code 70124 New Orleans, LA
from Internal Revenue Service

Average household income in 2021
$146,831

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 70124 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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