70112 New Orleans, LA is an area with a unique culture, diverse population and high rental prices. According to recent data, 2 bedroom rent in the area is $1,500 compared to the US average of $1,430. In addition, groceries cost index in 70112 New Orleans is 104 compared to 100 nationally. Those living in this area have access to local companies such as Jambalaya Foods & Catering that offer delicious authentic Louisiana cuisine; Tee Tee's Pharmacy which specializes in homeopathic remedies; and Superior Automotive Repair for quality automotive services. With its varied offerings and attractions, 70112 New Orleans proves to be a great place to live and work!
New Orleans (zip 70112) has an unemployment rate of 11.0%. The US average is 6.0%.
New Orleans (zip 70112) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for New Orleans (zip 70112)
- The Sales Tax Rate for New Orleans (zip 70112) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for New Orleans (zip 70112) is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Orleans (zip 70112)
- The average income of a New Orleans (zip 70112) resident is $32,862 a year. The US average is $37,638 a year.
- The Median household income of a New Orleans (zip 70112) resident is $32,654 a year. The US average is $69,021 a year.