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New Orleans, Louisiana Mortgage and Housing Information
Population: 484,674
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Value of Houses and Condos
| U.S. | Louisiana | New Orleans | |
|---|---|---|---|
| Median home value in year 2006 | $185,200 | $114,700 | $208,500 |
Monthly Owner Costs
| U.S. | Louisiana | New Orleans | |
|---|---|---|---|
| With a mortgage | $1,402 | $1,017 | $1,446 |
| Without a mortgage | $399 | $287 | $452 |
Ownership of Houses and Condos
| Mortgage Type | Number of Houses and Condos | Percent of total |
|---|---|---|
| Without a mortgage | 15,098 | 40.5% |
| First Mortgage Only | 17,569 | 47.1% |
| Second Mortgage and/or Home Equity Loan | 4,606 | 12.4% |
| Total | 37,273 | 100% |
Tenancy in New Orleans
| Owner-occupied homes | 37,273 |
|---|---|
| Renter-occupied homes | 36,243 |
| Homes for sale | 1,955 |
| Homes for rent | 2,988 |
| Total | 105,661 |
Age of New Orleans Residents
| Males | 31 |
|---|---|
| Females | 34 |
Income
| U.S. | Louisiana | New Orleans | |
|---|---|---|---|
| Median Earnings | $27,239 | $23,218 | $22,078 |
| Median Earnings, Males | $32,396 | $30,972 | $31,094 |
| Median Earnings, Females | $22,097 | $17,112 | $17,158 |
Males earn $13,936 (81.2%) more than Females in New Orleans.
Commuting in New Orleans
| Means of Transport | Number of People |
|---|---|
| Car, solo | 113,752 |
| Carpooled | 30,459 |
| Public Transit | 25,803 |
| Bicycle | 2,187 |
| Walking | 9,822 |
| Other Means | 1,652 |
| Total, Commuted | 183,675 |
| Worked from home | 5,028 |
| Total | 188,703 |
Time Spent Commuting in New Orleans
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 3,898 |
| 5-9 | 13,727 |
| 10-14 | 24,996 |
| 15-19 | 35,301 |
| 20-24 | 32,705 |
| 25-29 | 11,350 |
| 30-34 | 29,710 |
| 35-39 | 3,623 |
| 40-44 | 3,947 |
| 45-59 | 11,258 |
| 60-89 | 7,938 |
| Over 90 | 5,222 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 11,216 | 16.5% | 16,763 | 24.7% |
| Associate Degree | 1,658 | 2.4% | 2,679 | 3.9% |
| Bachelor's Degree | 13,373 | 19.7% | 13,084 | 19.2% |
| Master's Degree | 3,956 | 5.8% | 7,055 | 10.4% |
| Professional Degree | 3,709 | 5.5% | 2,203 | 3.2% |
| Doctorate Degree | 2,097 | 3.1% | 1,130 | 1.7% |
| Total (at least some college) | 36,009 | 53.0% | 42,914 | 54.3% |
| Total over 25 | 67,996 | 100% | 79,044 | 100% |
Comments on New Orleans
Latest comment on New Orleans
July 23rd, 2008
New Orleans still has huge problems and much of its population has moved away. It’s got great architecture, history, and is fun to go out, drink and eat in the French Quarter
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July 23rd, 2008
New Orleans still has huge problems and much of its population has moved away. It’s got great architecture, history, and is fun to go out, drink and eat in the French Quarter
– Unregistered User
July 11th, 2008
Home of the Mardi Gras festival, this is a party city that never sleeps. Roll down the street, legally sipping a strong drink, and get lost in the maze of blues bars.
– Per