Neighborhood Profile

City Park

New Orleans, LA | Orleans Parish
Scored premium profile
Best Neighborhoods USA Index
45.7
National rank: #9,164 of 14,967
Stability and Strength
53.6
Score
Value Opportunity
48.2
Score
Momentum
29.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew Orleans, LA
CountyOrleans Parish
National rank#9,164 of 14,967
State rank#69 of 147
City rank#31 of 69
County rank#31 of 69
National percentile38.8
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$537,278
Year-over-year home value change-3.8%
Month-over-month home value change0.30%
Home value to income ratio7.55
Median household income$71,167
Bachelor's degree or higher71.0%
Civilian unemployment rate2.7%
Homeownership rate41.1%
Housing vacancy rate7.9%
Rent burden 30% or higher63.4%

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 City Park

What is the Best Neighborhoods USA ranking for City Park?

City Park is ranked #31 of 69 eligible neighborhoods in New Orleans; #69 of 147 eligible neighborhoods in LA; and #9,164 of 14,967 eligible neighborhoods in the United States.

Is City Park one of the best neighborhoods in New Orleans?

City Park has a Best Neighborhoods USA Index of 45.7 and a city ranking of #31 of 69 eligible neighborhoods in New Orleans.

How much are homes worth in City Park?

The current Zillow Home Value Index for City Park is approximately $537,278.

Are home values rising or falling in City Park?

Zillow neighborhood values changed -3.8% year over year and 0.30% month over month.

What is the Neighborhood Momentum Score for City Park?

City Park has a Neighborhood Momentum Score of 29.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in City Park?

The NDS-derived neighborhood median household income is approximately $71,167.

How affordable is City Park relative to household income?

The current Zillow home-value-to-household-income ratio is 7.55. Price-to-income affordability is a major Value Opportunity input.

Is City Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 41.1%.

What is the unemployment rate in City Park?

The NDS-derived civilian unemployment rate is approximately 2.7%.

How educated are residents of City Park?

Approximately 71.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in City Park face high rent burden?

Approximately 63.4% 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 City Park?

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

LIMITED

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 applications46
Estimated originations24
Home-purchase applications18
Origination rate53.3%
Home-purchase share38.7%
Average application loan$346,007
Total application loan amount$15,875,580
National application rankNot rankable
Geometry coverage12.9%
Recent trend: Applications -29.1% YoY; originations -31.5% 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.