New Orleans, LA — income, home value, property tax, and sales tax.
In ZIP 70125, part of New Orleans, homes carry a median value of $429,200, and the county-level effective property tax rate of 0.82% works out to roughly $3,519 a year for a home at that price. With median household income at $61,174, that tax bill equals about 5.8% of a typical household's annual earnings, a meaningful slice alongside mortgage costs. Per-capita income sits at $37,858. A combined sales tax rate of 5.00% adds a bit more to everyday expenses, though Louisiana's relatively low rate keeps the overall tax picture from climbing much higher.
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