HousingHandbookReference data

U.S. ZIP Code · LA70002

Jefferson Parish · New Orleans-Metairie, LA

Typical home value

$361,792[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+14.4%
5-year / yr
+1.9%
10-year / yr
+2.8%

Relative price

vs U.S.
+27.4%
vs metro
+57.5%
vs state
+99.1%
ZIP 70002 location in LA
Location of ZIP 70002 in LA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 70002 is worth $361,792 — 57.5% above the New Orleans-Metairie, LA median. Over the past year, values have risen 14.4%. Homes here rent for a typical $1,405 a month — a 4.7% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,405[2]
Gross yield
4.7%[2]
Cap rate
2.8%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$2,368[3]

#Climate risk

FEMA National Risk Index ratings for Jefferson Parish. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Very High
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively High
Hurricane
Very High
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
19,426[3]
Median household income
$65,436[3]

#Migration

Household moves in and out of Jefferson Parish over a year, from IRS tax-return data.

Net migration
-2,025[5]
Moved in
8,798
Moved out
10,823

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
0
Middle
1
High
1
  • Haynes Academy School for Advanced Studies

    High · Grades 6–12 · Jefferson Parish

    900 students

  • J.D. Meisler Middle School

    Middle · Grades 6–8 · Jefferson Parish

    761 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield4.7%
Net yield (after ~40% expenses)2.8%
Annual rent$16,865

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,829
Loan principal$289,434
Down payment$72,358
Total interest paid$369,157

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.66
Monthly cost to own$2,327
Monthly rent$1,405

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
95th percentile[1]
Rental yield
3rd percentile[2]
Property tax
68th percentile[3]

Frequently asked

How much is a home worth in ZIP code 70002?
The typical home in 70002 is worth $361,792, based on the Zillow Home Value Index.
Are home values rising in 70002?
Home values in 70002 are up 14.4% over the past year, and up 1.9% a year over five years.
What is the typical rent in 70002?
A typical home in 70002 rents for about $1,405 a month, a gross rental yield of 4.7%.
What is the property tax rate in 70002?
The effective property tax rate in 70002 is 0.7% — roughly $2,368 a year on a typical home.
Who lives in 70002?
ZIP code 70002 has a population of 19,426 and a median household income of $65,436.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • New Orleans, LA

    Typical home
    $367,790
    Gross yield
    6.0%
  • Metairie CDP, LA

    Typical home
    $351,746
    Gross yield
    6.2%
  • Elmwood CDP, LA

    Typical home
    $346,892
    Gross yield
    4.7%
  • Belle Chasse CDP, LA

    Typical home
    $345,171
    Gross yield
  • New Orleans, LA

    Typical home
    $326,073
    Gross yield
    6.5%
  • Metairie CDP, LA

    Typical home
    $325,639
    Gross yield
    6.0%

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