New Orleans, LA — income, home value, property tax, and sales tax.
In ZIP code 70129, on the eastern edge of New Orleans, homes carry a median value of $174,400. The county-level effective property tax rate of 0.82% translates to roughly $1,430 in annual taxes on a home at that median value. With median household income at $55,972 and per-capita income at $26,262, that tax bill equals about 2.6% of a typical household's yearly earnings. A 5.00% combined sales tax rate applies to purchases. Buyers weighing a move here will find home prices and property taxes that sit lower than what many parts of the New Orleans area command.
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