ZIP Code 70005

In ZIP code 70005, which takes in part of Metairie, homes carry a median value of $430,200 while the county-level effective property tax rate sits at 0.52%. That works out to roughly $2,237 a year in property taxes on a median-valued home. With median household income at $89,194 and per-capita income of $62,275, that tax bill amounts to about 2.5% of a typical household's annual earnings. Combined with a 5.00% sales tax rate, housing costs here lean on higher home values rather than steep tax rates, so buyers should weigh purchase price more heavily than the tax rate itself.