New Orleans, LA — income, home value, property tax, and sales tax.
In ZIP code 70124, part of New Orleans, households earn a median of $121,228, with per-capita income at $71,544. Homes here carry a median value of $580,600, and the county-level property tax rate of 0.82% applies to that figure. Sales tax across the area totals 5.00%. Together, these figures sketch a higher-income pocket of the city where real estate values climb well past the national midpoint, yet the annual property tax bite stays contained because the rate itself sits below one percent. Day-to-day purchases face a five percent levy, a rate that shapes the overall cost of living alongside mortgage or rent obligations.
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