ZIP 70119 - 860Z200US70119 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 70119, understanding the area’s demographic and housing landscape is essential. Located in the heart of New Orleans, Louisiana, this ZIP code offers a vibrant mix of culture, history, and opportunity. With a population of over 36,000 and a diverse community, 70119 presents unique advantages for homebuyers, real estate investors, small-business owners, and analysts. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living, investing, or operating in this dynamic area.

Population & Households

ZIP code 70119 is home to 36,167 residents, making it a moderately sized community within the New Orleans metro area. These individuals are distributed across 17,429 households, reflecting a mix of family structures, singles, and shared living arrangements. With 21,595 total housing units in the area, there’s a notable gap between occupied and available units, which could signal opportunities for investors or buyers looking for properties in a competitive market. The population density and household composition suggest a lively, urban environment with a strong sense of community.

Income & Housing Costs

The median household income in ZIP 70119 stands at $50,854, which provides a clear picture of the economic baseline for residents. This figure is crucial for small-business owners assessing local purchasing power or for homebuyers gauging affordability. On the housing front, the median home value is $359,300, reflecting a robust real estate market that may appeal to investors seeking appreciation potential. For renters, the median rent is $1,298 per month, indicating a significant rental presence in the area. These numbers highlight both the opportunities and challenges of entering the housing market in 70119, whether you’re buying, renting, or investing.

Race & Ethnicity

ZIP code 70119 is a culturally rich and diverse area, with a racial and ethnic composition that mirrors the unique heritage of New Orleans. The population breaks down as follows: 43.85% Black, 39.5% White, 8.59% Hispanic, and 1.05% Asian. This diversity fosters a vibrant community atmosphere, offering a blend of perspectives and experiences. For businesses, this mix can translate into a broad customer base with varied needs and preferences. For residents and investors, it underscores the inclusive nature of the neighborhood, making it an attractive place to call home or establish roots.

Key Facts

• Total population: 36,167 residents in ZIP 70119.
• Total households: 17,429, indicating a mix of living arrangements.
• Total housing units: 21,595, with some vacancy potential for buyers or investors.
• Median household income: $50,854, a key indicator of local economic health.
• Median home value: $359,300, reflecting a strong real estate market.
• Median rent: $1,298, relevant for renters and rental property investors.
• Diverse community: 43.85% Black, 39.5% White, 8.59% Hispanic, 1.05% Asian.

What This Means for You

For homebuyers, ZIP 70119 offers a chance to join a diverse, urban community with median home values at $359,300. While the price point may require careful budgeting, the cultural richness and central location could make it a worthwhile investment for long-term growth. Real estate investors and agents should note the gap between total housing units (21,595) and households (17,429), which may point to vacant properties or untapped rental demand—especially with median rents at $1,298. Small-business owners can leverage the area’s diversity and median income of $50,854 to tailor products or services to a wide audience, while the population of 36,167 ensures a sizable local market. Analysts will find the demographic breakdown and housing metrics useful for trend analysis or forecasting growth in this part of New Orleans. Whether you’re settling down, investing, or launching a venture, 70119 has distinct advantages to explore.

Run This Study Yourself

• Want to dive deeper into ZIP 70119 or analyze another area? Start by visiting ZipcodeGPT for a user-friendly platform to access detailed demographic and housing data.
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• Use the insights to make data-driven decisions about where to live, invest, or grow your business with confidence.