New Orleans, LA — Demographics & Statistics
ZIP code 70112 serves a portion of New Orleans, Louisiana, within Orleans Parish. This community is home to approximately 8,503 residents, with a median age of 32.0 years. The median household income of $55,909 sits below the national median of $67,521, while median home values of $240,408 are below the national average of $301,500. The area has a owner-majority housing profile, with 73% owner-occupied and 27% renter-occupied units. Cost of living in this part of New Orleans is lower than the national baseline, with an index of 95 (100 = national average). With a college-education rate of 16% and an unemployment rate of 3.4%, 70112 reflects the economic character of Orleans Parish in Louisiana.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 8,503 | — |
| Population | Density (per sq mi) | 3,383 | — |
| Economics | Median Household Income | $55,909 | ↓ 17% vs nat'l avg |
| Economics | Median Home Value | $240,408 | ↓ 20% vs nat'l avg |
| Economics | Cost of Living Index | 95 | ↓ Lower than avg |
| Economics | Unemployment Rate | 3.4% | ↓ 13% vs nat'l avg |
| Economics | Below Poverty Line | 8.3% | ↓ 27% vs nat'l avg |
| Education | College Educated (25+) | 16% | ↓ 54% vs nat'l avg |
| Demographics | Median Age | 32.0 yrs | ↓ 17% vs nat'l avg |
| Housing | Owner-Occupied | 73% | — |
| Housing | Renter-Occupied | 27% | — |
| Housing | Total Housing Units | 4,421 | — |