ZIP comparison · New Orleans-Metairie, LA
70115 vs 70124
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP70115New Orleans, LA | ZIP70124New Orleans, LA |
|---|---|---|
| Home value | ||
| Typical home value | Better: $521,494 | $503,647 |
| 1-year appreciation | -1.6% | Better: +0.8% |
| 5-year CAGR | -0.8% | Better: 0.0% |
| 10-year CAGR | +1.3% | Better: +1.8% |
| Rent & investment | ||
| Monthly rent | Better: $1,720 | $1,969 |
| Gross yield | 4.0% | Better: 4.7% |
| Cap rate | 2.4% | Better: 2.8% |
| Property tax | ||
| Effective tax rate | Better: 0.9% | 0.9% |
| Typical annual tax | Better: $4,609 | $4,695 |
| Demographics | ||
| Population | 31,183 | 21,778 |
| Median household income | $90,182 | Better: $121,228 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -2,103 | -2,103 |
| Schools | ||
| Public schools | 6 | — |
| Students enrolled | 4,885 | — |