Zip 70117 (New Orleans, LA) Economy


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In New Orleans, LA 70117, the average 2 bedroom rent is $1,070 compared to the US average of $1,430. Additionally, the grocery cost index in this area is 96 compared to the national average of 100. There are many local companies in New Orleans that serve as great sources of employment and offer products and services for residents. Examples include The Home Depot, Walgreens Boots Alliance, Ochsner Health System, Entergy Corporation and Tulane University. Each of these companies offers unique job opportunities and services to those living in New Orleans.

New Orleans (zip 70117) has an unemployment rate of 11.0%. The US average is 6.0%.

New Orleans (zip 70117) 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 70117)
- The Sales Tax Rate for New Orleans (zip 70117) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for New Orleans (zip 70117) 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 70117)
- The average income of a New Orleans (zip 70117) resident is $27,402 a year. The US average is $37,638 a year.
- The Median household income of a New Orleans (zip 70117) resident is $33,374 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Orleans, LouisianaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for New Orleans
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I've lived in New Orleans for over 20 years, as a single person, as a student, and as a mom of two kids, now teenagers. The best thing about New Orleans by far is the  More

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