Everything You Need to Know About the City of New Orleans Louisiana
In 2018, New Orleans, Louisiana had a population of 391k people with a median age of 37.3 and a median household income of $38,423. Between 2017 and 2018 the population of New Orleans, LA declined from 393,292 to 391,006, a -0.581% decrease, and its median household income grew from $36,999 to $38,423, a 3.85% increase.
The number of inhabitants in New Orleans, LA is 58.8% Black or African American Alone, 30.5% White Alone, and 5.62% Hispanic or Latino. N/A% of the people in New Orleans, LA communicate in a non-English language, and 97.2% are U.S. residents.
The largest universities in New Orleans, LA are Tulane University of Louisiana (4,416 degrees awarded in 2017), Delgado Community College (3,756 degrees), and University of New Orleans (1,725 degrees).
The median property value in New Orleans, LA is $242,900, and the homeownership rate is 48.3%. Most people in New Orleans, LA commute by Drove Alone, and the average commute time is 23.9 minutes. The average vehicle proprietorship in New Orleans, LA is 1 vehicle for every household.
In 2017, universities in New Orleans, LA awarded 14,145 degrees. The student population of New Orleans, LA is skewed towards women, with 18,147 male students and 31,567 female students.
Most students graduating from Universities in New Orleans, LA are White (6,976 and 52.8%), followed by Black or African American (3,373 and 25.6%), Hispanic or Latino (1,011 and 7.66%), and Unknown (782 and 5.92%).
The largest universities in New Orleans, LA by the number of degrees awarded are Tulane University of Louisiana (4,416 and 31.2%), Delgado Community College (3,756 and 26.6%), and University of New Orleans (1,725 and 12.2%).
The most popular majors in New Orleans, LA are General Studies (969 and 6.85%), General Business Administration & Management (622 and 4.4%), and Registered Nursing (516 and 3.65%).
The median tuition costs in New Orleans, LA is $18,896 for private four-year colleges, and $6,090 and $10,926 respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of New Orleans, LA employs 176k people and New Orleans has an unemployment rate of 4.9%. New Orleans has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%. The largest industries in New Orleans, LA are Accommodation & Food Services (26,081 people), Health Care & Social Assistance (23,290 people), and Educational Services (20,928 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($84,107), Professional, Scientific, & Technical Services ($62,299), and Finance & Insurance ($60,595).
Households in New Orleans, LA have a median annual income of $38,423, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $36,999 in 2017, which represents a 3.85% annual growth.
Tax Rates for New Orleans
– The Sales Tax Rate for New Orleans is 9.5%. The US average is 7.3%.
– The Income Tax Rate for New Orleans is 6.0%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for New Orleans
– The average income of a New Orleans resident is $27,255 a year.
– The Median household income of a New Orleans resident is $36,964 a year.
