Neighborhood Profile

Old Aurora

New Orleans, LA | Orleans Parish
Scored premium profile
Best Neighborhoods USA Index
41.7
National rank: #10,483 of 14,967
Stability and Strength
42.5
Score
Value Opportunity
55.3
Score
Momentum
21.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew Orleans, LA
CountyOrleans Parish
National rank#10,483 of 14,967
State rank#77 of 147
City rank#35 of 69
County rank#35 of 69
National percentile30.0
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$213,198
Year-over-year home value change-3.6%
Month-over-month home value change-0.01%
Home value to income ratio3.14
Median household income$67,980
Bachelor's degree or higher35.7%
Civilian unemployment rate6.9%
Homeownership rate69.6%
Housing vacancy rate15.5%
Rent burden 30% or higher47.6%

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 Old Aurora

What is the Best Neighborhoods USA ranking for Old Aurora?

Old Aurora is ranked #35 of 69 eligible neighborhoods in New Orleans; #77 of 147 eligible neighborhoods in LA; and #10,483 of 14,967 eligible neighborhoods in the United States.

Is Old Aurora one of the best neighborhoods in New Orleans?

Old Aurora has a Best Neighborhoods USA Index of 41.7 and a city ranking of #35 of 69 eligible neighborhoods in New Orleans.

How much are homes worth in Old Aurora?

The current Zillow Home Value Index for Old Aurora is approximately $213,198.

Are home values rising or falling in Old Aurora?

Zillow neighborhood values changed -3.6% year over year and -0.01% month over month.

What is the Neighborhood Momentum Score for Old Aurora?

Old Aurora has a Neighborhood Momentum Score of 21.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Old Aurora?

The NDS-derived neighborhood median household income is approximately $67,980.

How affordable is Old Aurora relative to household income?

The current Zillow home-value-to-household-income ratio is 3.14. Price-to-income affordability is a major Value Opportunity input.

Is Old Aurora primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 69.6%.

What is the unemployment rate in Old Aurora?

The NDS-derived civilian unemployment rate is approximately 6.9%.

How educated are residents of Old Aurora?

Approximately 35.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Old Aurora face high rent burden?

Approximately 47.6% 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 Old Aurora?

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

FULL_OR_NEAR_FULL

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 applications373
Estimated originations162
Home-purchase applications176
Origination rate43.5%
Home-purchase share47.3%
Average application loan$192,483
Total application loan amount$71,722,011
National application rank#860 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -9.8% YoY; originations -16.2% 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.