How much is a home worth in ZIP code 70003?

The typical home in 70003 is worth $277,047, based on the Zillow Home Value Index.

Are home values rising in 70003?

Home values in 70003 are up 7.6% over the past year, and down 2.7% a year over five years.

What is the typical rent in 70003?

A typical home in 70003 rents for about $1,633 a month, a gross rental yield of 7.1%.

What is the property tax rate in 70003?

The effective property tax rate in 70003 is 0.6% — roughly $1,580 a year on a typical home.

ZIP code 70003 has a population of 39,344 and a median household income of $76,261.

HousingHandbookReference data

…

U.S. ZIP Code · LA70003

Jefferson Parish · New Orleans-Metairie, LA

Typical home value

$277,047^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +7.6%
5-year / yr: -2.7%
10-year / yr: +0.6%

Relative price

vs U.S.: -2.5%
vs metro: +20.6%
vs state: +52.5%

Price history

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

The typical home in 70003 is worth $277,047 — 20.6% above the New Orleans-Metairie, LA median. Over the past year, values have risen 7.6%. Homes here rent for a typical $1,633 a month — a 7.1% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent: $1,633^[2]
Gross yield: 7.1%^[2]
Cap rate: 4.2%^[2]

#Property tax

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

Effective tax rate: 0.6%^[3]
Typical annual tax: $1,580^[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: 39,344^[3]
Median household income: $76,261^[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: 8
Elementary: 6
Middle: 2
High: 0

John Q. Adams Middle School
Middle · Grades 6–8 · Jefferson Parish
778 students
T.H. Harris Middle School
Middle · Grades 6–8 · Jefferson Parish
664 students
Bissonet Plaza School
Elementary · Grades PK–8 · Jefferson Parish
660 students
Rudolph Matas School
Elementary · Grades PK–8 · Jefferson Parish
622 students
Harold Keller Elementary School
Elementary · Grades PK–5 · Jefferson Parish
614 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.

Home value$Monthly rent$

Gross yield7.1%

Net yield (after ~40% expenses)4.2%

Annual rent$19,600

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,401

Loan principal$221,638

Down payment$55,409

Total interest paid$282,687

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.08

Monthly cost to own$1,763

Monthly rent$1,633

Owning and renting are roughly even.

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: 26th percentile^[1]
Rental yield: 50th percentile^[2]
Property tax: 53rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 70003?: The typical home in 70003 is worth $277,047, based on the Zillow Home Value Index.
Are home values rising in 70003?: Home values in 70003 are up 7.6% over the past year, and down 2.7% a year over five years.
What is the typical rent in 70003?: A typical home in 70003 rents for about $1,633 a month, a gross rental yield of 7.1%.
What is the property tax rate in 70003?: The effective property tax rate in 70003 is 0.6% — roughly $1,580 a year on a typical home.
Who lives in 70003?: ZIP code 70003 has a population of 39,344 and a median household income of $76,261.

#Comparable ZIPs

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

70358 vs 70003 →
Grand Isle, LA
Typical home
$269,735
Gross yield
—
70065 vs 70003 →
Kenner, LA
Typical home
$285,143
Gross yield
7.4%
70057
Hahnville CDP, LA
Typical home
$266,762
Gross yield
—
70070
Luling CDP, LA
Typical home
$288,118
Gross yield
—
70121
Jefferson CDP, LA
Typical home
$263,065
Gross yield
8.4%
70125
New Orleans, LA
Typical home
$293,356
Gross yield
7.3%

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Pit ZIP 70003 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · LA70003

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