HousingHandbookReference data

U.S. ZIP Code · LA70403

Tangipahoa Parish · Hammond, LA

Typical home value

$227,915[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.5%
5-year / yr
+1.7%
10-year / yr
+2.2%

Relative price

vs U.S.
-19.8%
vs metro
+10.6%
vs state
+25.4%
ZIP 70403 location in LA
Location of ZIP 70403 in LA

Price history

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

The typical home in 70403 is worth $227,915 — 10.6% above the Hammond, LA median. Over the past year, values have risen 1.5%. Homes here rent for a typical $1,305 a month — a 6.9% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

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

Monthly rent
$1,305[2]
Gross yield
6.9%[2]
Cap rate
4.1%[2]

#Property tax

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

Effective tax rate
0.4%[3]
Typical annual tax
$815[3]

#Climate risk

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

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

#Who lives here

Population
30,173[3]
Median household income
$50,976[3]

#Migration

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

Net migration
+347[5]
Moved in
3,217
Moved out
2,870

Schools

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

Public schools
3
Elementary
3
Middle
0
High
0
  • Hammond Westside Montessori

    Elementary · Grades PK–8 · Tangipahoa Parish

    1,075 students

  • Woodland Park Magnet

    Elementary · Grades PK–3 · Tangipahoa Parish

    506 students

  • O.W. Dillon Leadership Academy

    Elementary · Grades PK–6 · Tangipahoa Parish

    342 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 yield6.9%
Net yield (after ~40% expenses)4.1%
Annual rent$15,660

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$1,152
Loan principal$182,332
Down payment$45,583
Total interest paid$232,555

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 ratio1.08
Monthly cost to own$1,411
Monthly rent$1,305

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
75th percentile[1]
Rental yield
50th percentile[2]
Property tax
67th percentile[3]

Frequently asked

How much is a home worth in ZIP code 70403?
The typical home in 70403 is worth $227,915, based on the Zillow Home Value Index.
Are home values rising in 70403?
Home values in 70403 are up 1.5% over the past year, and up 1.7% a year over five years.
What is the typical rent in 70403?
A typical home in 70403 rents for about $1,305 a month, a gross rental yield of 6.9%.
What is the property tax rate in 70403?
The effective property tax rate in 70403 is 0.4% — roughly $815 a year on a typical home.
Who lives in 70403?
ZIP code 70403 has a population of 30,173 and a median household income of $50,976.

#Comparable ZIPs

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

  • LA

    Typical home
    $228,911
    Gross yield
  • Hammond, LA

    Typical home
    $215,126
    Gross yield
    6.7%
  • Ponchatoula, LA

    Typical home
    $246,858
    Gross yield
    7.5%
  • LA

    Typical home
    $258,345
    Gross yield
  • Natalbany CDP, LA

    Typical home
    $196,972
    Gross yield
  • Independence, LA

    Typical home
    $194,910
    Gross yield

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