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
23,823
23% vs. 2020
Forecasted population 2030
26,543
37.1% vs. 2020

Zip code 70124 New Orleans, LA population is forecasted to grow 23% by 2025 (18.3 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 23,823 people for 2025 zip code 70124 New Orleans, LA will generate a good demand for housing, which is expected to have a deficit of 3,194 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
11,805
Total homes balance inventory
3,194

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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