ZIP 70003 - 860Z200US70003 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP code 70003, located in Metairie, Louisiana, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you're eyeing a family home, a rental property, or a commercial space, understanding ZIP 70003’s profile is the first step to success.

Population & Households

ZIP 70003 is home to a substantial population of 39,714 residents, making it a vibrant and active community. These individuals are distributed across 16,429 households, reflecting a mix of family sizes and living arrangements. The total number of housing units in the area stands at 17,479, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in a well-established neighborhood with room for growth.

Income & Housing Costs

The median household income in ZIP 70003 is $76,151, which points to a relatively stable economic base for residents. This income level supports a comfortable lifestyle in the area, especially when paired with housing costs that are competitive for the region. The median house value is $255,300, offering a reasonable entry point for homebuyers compared to pricier nearby markets. For renters, the median rent is $1,191 per month, which aligns with the income levels and provides an affordable option for those not ready to buy. These figures highlight ZIP 70003 as a practical choice for families and individuals seeking value in their housing decisions.

Race & Ethnicity

The demographic makeup of ZIP 70003 reflects a diverse community with a blend of cultural backgrounds. The racial composition includes 65.19% White, 7.78% Black, 4.95% Asian, and 18.52% Hispanic residents. This diversity fosters a rich social environment, appealing to those who value inclusivity and varied perspectives. For businesses, this mix can translate into a broad customer base with unique needs and preferences, while families may appreciate the cultural vibrancy in schools and local events.

Key Facts

• Total population: 39,714 residents, indicating a sizable and active community.
• Total households: 16,429, showing a strong base of family and individual units.
• Total housing units: 17,479, suggesting availability for new residents or investors.
• Median household income: $76,151, reflecting economic stability for most residents.
• Median house value: $255,300, a competitive price point for homeownership.
• Median rent: $1,191, offering an affordable rental market for the area.
• Racial diversity: 65.19% White, 18.52% Hispanic, 7.78% Black, 4.95% Asian, creating a varied cultural landscape.

What This Means for You

For homebuyers, ZIP 70003 presents a compelling opportunity with a median home value of $255,300 and a stable community of nearly 40,000 residents. The slight surplus of housing units (17,479 total) compared to households (16,429) means you might find less competition when searching for your ideal property. The median income of $76,151 also suggests neighbors with solid financial footing, often correlating with well-maintained areas.

For real estate investors and agents, the numbers point to potential in both buying and renting markets. With a median rent of $1,191, rental properties could yield steady returns, especially given the population size and diversity. The availability of housing units also hints at room for flipping or long-term holds, depending on your strategy.

For small-business owners, the diverse demographic profile (including a significant Hispanic population at 18.52%) offers a chance to cater to varied tastes and needs. A median income of over $76,000 means many residents have disposable income for local goods and services, while the large population ensures a robust potential customer base.

For analysts, these metrics provide a foundation for deeper studies into housing trends, economic growth, or community planning in ZIP 70003. The balance of income, housing costs, and diversity can inform projections and recommendations for stakeholders across sectors.

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