What is the Best Neighborhoods USA ranking for Village De L'Est?
Village De L'Est is ranked #34 of 69 eligible neighborhoods in New Orleans; #76 of 147 eligible neighborhoods in LA; and #10,459 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Village De L'Est
New Orleans, LA | Orleans Parish
Scored premium profile
Best Neighborhoods USA Index
41.8
Stability and Strength
24.8
Value Opportunity
34.3
Momentum
79.4
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | New Orleans, LA |
| County | Orleans Parish |
| National rank | #10,459 of 14,967 |
| State rank | #76 of 147 |
| City rank | #34 of 69 |
| County rank | #34 of 69 |
| National percentile | 30.1 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $142,268 |
| Year-over-year home value change | 9.6% |
| Month-over-month home value change | -0.08% |
| Home value to income ratio | 4.61 |
| Median household income | $30,833 |
| Bachelor's degree or higher | 17.2% |
| Civilian unemployment rate | 6.5% |
| Homeownership rate | 65.1% |
| Housing vacancy rate | 16.7% |
| Rent burden 30% or higher | 62.0% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Village De L'Est
Is Village De L'Est one of the best neighborhoods in New Orleans?
Village De L'Est has a Best Neighborhoods USA Index of 41.8 and a city ranking of #34 of 69 eligible neighborhoods in New Orleans.
How much are homes worth in Village De L'Est?
The current Zillow Home Value Index for Village De L'Est is approximately $142,268.
Are home values rising or falling in Village De L'Est?
Zillow neighborhood values changed 9.6% year over year and -0.08% month over month.
What is the Neighborhood Momentum Score for Village De L'Est?
Village De L'Est has a Neighborhood Momentum Score of 79.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Village De L'Est?
The NDS-derived neighborhood median household income is approximately $30,833.
How affordable is Village De L'Est relative to household income?
The current Zillow home-value-to-household-income ratio is 4.61. Price-to-income affordability is a major Value Opportunity input.
Is Village De L'Est primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 65.1%.
What is the unemployment rate in Village De L'Est?
The NDS-derived civilian unemployment rate is approximately 6.5%.
How educated are residents of Village De L'Est?
Approximately 17.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Village De L'Est face high rent burden?
Approximately 62.0% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Village De L'Est?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications78
Estimated originations29
Home-purchase applications31
Origination rate37.5%
Home-purchase share39.5%
Average application loan$448,652
Total application loan amount$34,822,677
National application rank#5,361 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -1.0% YoY; originations 0.7% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.