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New Orleans, LA Homes for Sale & Real Estate

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City Guide to New Orleans, LA
Introducing New Orleans Expenses & Housing Stats Jobs & Education Lifestyle

Quick facts about New Orleans:

• Population: 383,997

• Median age: 36.8

• Population per square mile: 2,029.4

• Land area: 169.42 square miles

• Number of households: 153,819

• Median household income: $41,604

• Income per capita: $31,385

Source: Latest U.S. Census data

What is New Orleans known for?

New Orleans is the largest city in Louisiana in America’s “Deep South,” and is also one of the most unique U.S. cities in terms of culture.

The city is one of the most visited in the country, thanks to its distinctive cuisine, historic colonial architecture and status as the birthplace of jazz music. As a melting pot of cultures, the appeal of New Orleans consists of its unique cross-cultural and multilingual heritage. The city puts on the biggest Mardi Gras Carnival in the country and is also home to “Jazz Fest,” one of the nation’s largest music festivals.

Besides its unique cultural appeal, New Orleans is also a port city and considered an important economic and commercial hub in the Gulf Coast region.

Are New Orleans homes for sale expensive?

New Orleans real estate may be pricey by Louisiana standards, but it represents good value compared to some of the country’s major cities.

The median and average prices for residential properties in New Orleans are:

What are the best neighborhoods to buy a home in New Orleans?

The city of New Orleans can be divided into three parts: the East Bank, Eastern New Orleans and Westbank.

East Bank

New Orleans’ East Bank is home to the French Quarter, which boasts a myriad of entertainment options. The Central Business district, one of its subsections, houses several renowned companies, while the Central Town/Garden District area is famous for its well-preserved historic mansions. The Bywater and Faubourg Marigny neighborhoods are home to colorful architectural gems, while Carrolton is known for its attractive oak trees. West End is a preferred spot among yacht aficionados and the Mid-City area is favored by the middle class.

Eastern New Orleans

Among Eastern New Orleans’ neighborhoods are Pines Village and West Lake Forest, which generally house lower-income families. Michoud is home to manufacturing facilities, while Village de L’Est is famous for its Vietnamese community and restaurants. Venetian Isles is also within the city limits and near the ocean.

West Bank

The West Bank section of town, residing on the western bank of the Mississippi River, is home to a number of different neighborhoods. For instance, Algiers Point — situated right on the bend of the river — is an elegant combination of bars, restaurants, coffee shops and residential properties. Nearby, Behrman houses lower-income families and a predominantly African American population. Old Aurora is situated eastward, while New Aurora lies even further, boasting attractive housing options, including mansions.

What is the education level in New Orleans?

NOLA Public Schools is the public school district that supports and oversees 76 independent public schools within the city’s limits, of which 48 are elementaries, 22 are high schools and six are K-12 schools. There are currently 45,002 students enrolled here.

New Orleans is home to the largest concentration of colleges and universities in the state of Louisiana. The University of New Orleans is a public research university with high research activity. Tulane University is among the oldest private universities in the country and is considered to be the state’s best and most selective institute of higher learning. Dillard is a private, historically Black university established in 1859.

Here, 85.6% of the New Orleans adult population aged 25 or older are high school graduates, while approximately 37.6% hold a bachelor’s degree or higher.

What kind of jobs are there in New Orleans?

Because New Orleans is home to one of the world’s busiest and largest ports, many locals work within the maritime industry. Besides trade, transportation and utilities, other leading sectors include education and health services; professional and business services; government; leisure and hospitality industries.

The Fortune 500 company Entergy, which specializes in power generation utility and nuclear power plant operations, is based in New Orleans. Other large employers operating or boasting headquarters in the city include Lockheed Martin, Rolls Royce, AT&T, McDermott International and GE Capital. The city’s unemployment rate is slightly above the national average.

What to do in New Orleans?

As the birthplace of jazz, New Orleans attracts hordes of tourists with its exciting music scene. The most famous clubs are located in the French Quarter, although the music can be heard and enjoyed basically anywhere in the city. Mardi Gras and the Jazz & Heritage Festival are the most famous festivals held annually in New Orleans.

A cruise on the majestic Mississippi and a trip to the swamps and bayous are not to be missed. St Charles Avenue’s majestic mansions; Magazine Street’s boutique and antique shops; the National WWII Museum; and the city’s historic cemeteries are other local attractions worth visiting. Local Creole and Cajun dishes — such as gumbo and jambalaya, which you can find in most restaurants in the city — should also be experienced when in New Orleans.

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