New Orleans, LA — income, home value, property tax, and sales tax.
In ZIP code 70128, part of New Orleans, households earn a median of $56,431, or $28,735 per person. A median home value of $240,200 paired with a 0.82% county property tax rate works out to roughly $1,970 in annual property taxes. Sales tax across the area totals 5.00%, which applies to most everyday purchases. Together, these figures sketch a cost picture where housing values sit well above what a single year's median income could cover outright, while the property tax rate stays below one percent and the sales tax adds a nickel on each taxable dollar spent.
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