What is the Best Neighborhoods USA ranking for Seventh Ward?
Seventh Ward is ranked #55 of 69 eligible neighborhoods in New Orleans; #117 of 147 eligible neighborhoods in LA; and #13,850 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Seventh Ward
New Orleans, LA | Orleans Parish
Scored premium profile
Best Neighborhoods USA Index
27.5
Stability and Strength
18.0
Value Opportunity
27.8
Momentum
42.4
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 | #13,850 of 14,967 |
| State rank | #117 of 147 |
| City rank | #55 of 69 |
| County rank | #55 of 69 |
| National percentile | 7.5 |
| National band | LOWER_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $195,479 |
| Year-over-year home value change | 1.2% |
| Month-over-month home value change | -0.53% |
| Home value to income ratio | 5.57 |
| Median household income | $35,079 |
| Bachelor's degree or higher | 28.2% |
| Civilian unemployment rate | 10.4% |
| Homeownership rate | 43.4% |
| Housing vacancy rate | 25.3% |
| Rent burden 30% or higher | 71.5% |
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 Seventh Ward
Is Seventh Ward one of the best neighborhoods in New Orleans?
Seventh Ward has a Best Neighborhoods USA Index of 27.5 and a city ranking of #55 of 69 eligible neighborhoods in New Orleans.
How much are homes worth in Seventh Ward?
The current Zillow Home Value Index for Seventh Ward is approximately $195,479.
Are home values rising or falling in Seventh Ward?
Zillow neighborhood values changed 1.2% year over year and -0.53% month over month.
What is the Neighborhood Momentum Score for Seventh Ward?
Seventh Ward has a Neighborhood Momentum Score of 42.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Seventh Ward?
The NDS-derived neighborhood median household income is approximately $35,079.
How affordable is Seventh Ward relative to household income?
The current Zillow home-value-to-household-income ratio is 5.57. Price-to-income affordability is a major Value Opportunity input.
Is Seventh Ward primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 43.4%.
What is the unemployment rate in Seventh Ward?
The NDS-derived civilian unemployment rate is approximately 10.4%.
How educated are residents of Seventh Ward?
Approximately 28.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Seventh Ward face high rent burden?
Approximately 71.5% 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 Seventh Ward?
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 applications321
Estimated originations143
Home-purchase applications165
Origination rate44.5%
Home-purchase share51.4%
Average application loan$246,136
Total application loan amount$79,058,754
National application rank#1,071 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 6.8% YoY; originations -11.1% 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.