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Data updated 2026-10-07

ZIP Code 70123 · New Orleans, LA

Jefferson Parish · pop 27,386 · ACS 2020–2024

The median household income in ZIP Code 70123 (New Orleans, LA) is $83,585, higher than 87% of the other ZIP Codes in Louisiana.

Its FHFA home price index changed +18.2% over the five years to 2025.

01 — Where it stands

$83,585
Median household income
± $7,709 MOE
$348,100
Median home value
± $15,565 MOE
$1,390
Median gross rent
8.7%
Poverty rate
Percentiles for ZIP Code 70123 within Jefferson Parish, Louisiana and the U.S.
MeasureValueCounty percentileState percentileU.S. percentile
Median household income$83,585 ± $7,70992nd percentile (15 ZIP Codes compared)87th percentile (386 ZIP Codes compared)63rd percentile (22,922 ZIP Codes compared)
Per capita income$52,51192nd percentile (15 ZIP Codes compared)96th percentile (386 ZIP Codes compared)81st percentile (22,922 ZIP Codes compared)
Poverty rate8.7%7th percentile (15 ZIP Codes compared)10th percentile (386 ZIP Codes compared)37th percentile (22,922 ZIP Codes compared)
Adults with a bachelor’s degree or higher45.1%85th percentile (15 ZIP Codes compared)93rd percentile (386 ZIP Codes compared)81st percentile (22,922 ZIP Codes compared)
Owner-occupied homes54.7%21st percentile (15 ZIP Codes compared)12th percentile (386 ZIP Codes compared)13th percentile (22,922 ZIP Codes compared)
Housing vacancy rate6.8%21st percentile (15 ZIP Codes compared)8th percentile (386 ZIP Codes compared)34th percentile (22,922 ZIP Codes compared)
Median home value$348,100 ± $15,56585th percentile (15 ZIP Codes compared)95th percentile (384 ZIP Codes compared)68th percentile (22,833 ZIP Codes compared)
Median gross rent$1,390100th percentile (15 ZIP Codes compared)92nd percentile (380 ZIP Codes compared)70th percentile (22,865 ZIP Codes compared)
Income inequality (Gini index)0.4387th percentile (15 ZIP Codes compared)34th percentile (386 ZIP Codes compared)57th percentile (22,922 ZIP Codes compared)
Average adjusted gross income per return$98,99085th percentile (15 ZIP Codes compared)92nd percentile (377 ZIP Codes compared)80th percentile (22,230 ZIP Codes compared)
Returns with AGI of $200,000 or more9.3%85th percentile (15 ZIP Codes compared)93rd percentile (377 ZIP Codes compared)80th percentile (22,230 ZIP Codes compared)
Home price index, 5-year change+18.2%28th percentile (15 ZIP Codes compared)29th percentile (301 ZIP Codes compared)3rd percentile (18,843 ZIP Codes compared)
Business establishments per 1,000 residents48.892nd percentile (15 ZIP Codes compared)96th percentile (386 ZIP Codes compared)94th percentile (22,700 ZIP Codes compared)
Average annual pay per employee$63,59178th percentile (15 ZIP Codes compared)81st percentile (383 ZIP Codes compared)83rd percentile (22,551 ZIP Codes compared)

Percentile groups: Jefferson Parish · Louisiana · U.S. Hover a percentile for the number of ZIP Codes compared. MOE = 90% margin of error.

02 — Home prices

+0.4%
1-year change
2024–2025
+18.2%
5-year change
2020–2025
+40.8%
10-year change
2015–2025

Home price index — ZIP Code 70123

Home price index, ZIP Code 70123, 2000–2025Line chart of the annual home price index: 100.0 in 2000 and 202.5 in 2025. Every value is listed in the data table below the chart.100150200250200020052010201520202025202.5

FHFA ZIP Code index (2000 = 100) — annual, developmental, not seasonally adjusted.

Data table
Home price index by year, ZIP Code 70123
YearIndexAnnual change
2000100.0+4.1%
2001105.4+5.4%
2002109.8+4.1%
2003113.5+3.4%
2004121.4+7.0%
2005131.6+8.4%
2006149.6+13.7%
2007153.0+2.3%
2008145.6−4.9%
2009142.0−2.4%
2010136.2−4.1%
2011131.7−3.3%
2012132.6+0.7%
2013133.7+0.9%
2014133.9+0.2%
2015143.8+7.3%
2016151.6+5.4%
2017156.9+3.5%
2018160.2+2.1%
2019164.0+2.4%
2020171.3+4.4%
2021182.1+6.3%
2022202.9+11.4%
2023205.7+1.4%
2024201.7−1.9%
2025202.5+0.4%

03 — Nearby ZIP Codes

ZIP Code 70123 and nearby ZIP Codes
ZIPPlaceDistanceMedian household incomeMedian home valuePoverty rate5-yr HPI change
70123New Orleans, LAthis ZIP Code$83,585$348,1008.7%+18.2%
70094Westwego, LA2.4 mi$53,597$159,70023.8%+30.6%
70121New Orleans, LA2.9 mi$59,562$247,90015.3%+17.5%
70001Metairie, LA3.1 mi$67,923$339,40013.7%+21.4%
70003Metairie, LA3.5 mi$76,261$261,00011.7%+17.9%
70062Kenner, LA4.3 mi$51,477$200,30022.6%+22.4%
70006Metairie, LA4.5 mi$76,505$344,80015.9%+16.4%

Up to six nearest ZIP Code Tabulation Areas within 30 miles, by straight-line distance between Census center points (2024 Gazetteer).

04 — Business mix

1,336
Establishments
25,160
Employees
$1.60B
Annual payroll
$63,591
Average pay per employee
Establishments by sector, ZIP Code 70123
SectorEstablishmentsShare of ZIPU.S. shareRelative concentration
Wholesale trade24718.5%4.4%4.2×
Construction16012.0%9.6%1.2×
Retail trade14010.5%12.4%0.8×
Professional, scientific & technical services1168.7%11.7%0.7×
Accommodation & food services1017.6%9.3%0.8×
Other services896.7%9.5%0.7×
Real estate & rental765.7%5.5%1.0×
Health care & social assistance715.3%11.9%0.4×
Finance & insurance654.9%5.5%0.9×
Manufacturing584.3%3.3%1.3×
All other sectors21115.8%14.1%1.1×

Counts are establishments (business locations), not jobs. Relative concentration = the sector’s share of establishments here divided by its share in the U.S. (1.0× = the same share). Average pay is shown only where at least 20 employees are reported. ZIP Code Business Patterns 2023.

05 — About this data

How percentiles are calculated

Percentiles compare this ZIP Code with other ZIP Codes in the same county, the same state and the whole country. Only ZIP Codes with their own American Community Survey estimate, a population of at least 1,000 and a published median household income are compared, and only those with a value for the measure. A percentile of 64th means the value is higher than 64% of the other ZIP Codes in that group (0 is the lowest value, 100 the highest); it describes the size of a number, not a judgment about the area. County and state percentiles are left blank when the group has fewer than 5 ZIP Codes. The number of ZIP Codes compared is shown with each percentile.

Census figures are published for ZIP Code Tabulation Areas, which approximate USPS ZIP Code delivery areas; values shown as — are not published or are suppressed by the source.

Use of this page

Area statistics only. These figures describe a ZIP Code area — not any person or household — and do not rate the area or the people who live there. CoverFi is not a consumer reporting agency; do not use this page to make decisions about credit, insurance, employment or housing.

Sources

  1. U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, ZIP Code Tabulation Areas. Estimates are survey-based and have margins of error.
  2. U.S. Census Bureau, ZIP Code Business Patterns 2023 (establishment counts by NAICS sector; employment and payroll totals).
  3. Federal Housing Finance Agency, House Price Index for five-digit ZIP Codes, census tracts and counties — annual, developmental, not seasonally adjusted.
  4. IRS Statistics of Income, Individual Income Tax ZIP Code Data, tax year 2022.
  5. U.S. Census Bureau, 2024 Gazetteer Files (ZCTA locations, used for nearby ZIP Codes).
  6. HUD USPS ZIP Code Crosswalk Files (ZIP-to-tract and ZIP-to-county assignment).

This product uses Census Bureau data but is not endorsed or certified by the Census Bureau. This product uses the HUD User Data API but is not endorsed or certified by HUD User. ZIP Code Tabulation Areas are Census approximations of USPS ZIP Code delivery areas and may not match them exactly. ZIP Code is a trademark of the United States Postal Service.