Neighborhood Profile

Touro

New Orleans, LA | Orleans Parish
Scored premium profile
Best Neighborhoods USA Index
56.1
National rank: #5,348 of 14,967
Stability and Strength
52.3
Score
Value Opportunity
39.0
Score
Momentum
86.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew Orleans, LA
CountyOrleans Parish
National rank#5,348 of 14,967
State rank#31 of 147
City rank#14 of 69
County rank#14 of 69
National percentile64.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$762,309
Year-over-year home value change4.2%
Month-over-month home value change1.03%
Home value to income ratio9.44
Median household income$80,738
Bachelor's degree or higher64.7%
Civilian unemployment rate4.1%
Homeownership rate41.7%
Housing vacancy rate24.9%
Rent burden 30% or higher41.5%

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 Touro

What is the Best Neighborhoods USA ranking for Touro?

Touro is ranked #14 of 69 eligible neighborhoods in New Orleans; #31 of 147 eligible neighborhoods in LA; and #5,348 of 14,967 eligible neighborhoods in the United States.

Is Touro one of the best neighborhoods in New Orleans?

Touro has a Best Neighborhoods USA Index of 56.1 and a city ranking of #14 of 69 eligible neighborhoods in New Orleans.

How much are homes worth in Touro?

The current Zillow Home Value Index for Touro is approximately $762,309.

Are home values rising or falling in Touro?

Zillow neighborhood values changed 4.2% year over year and 1.03% month over month.

What is the Neighborhood Momentum Score for Touro?

Touro has a Neighborhood Momentum Score of 86.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Touro?

The NDS-derived neighborhood median household income is approximately $80,738.

How affordable is Touro relative to household income?

The current Zillow home-value-to-household-income ratio is 9.44. Price-to-income affordability is a major Value Opportunity input.

Is Touro primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 41.7%.

What is the unemployment rate in Touro?

The NDS-derived civilian unemployment rate is approximately 4.1%.

How educated are residents of Touro?

Approximately 64.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Touro face high rent burden?

Approximately 41.5% 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 Touro?

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 applications59
Estimated originations32
Home-purchase applications30
Origination rate53.6%
Home-purchase share50.8%
Average application loan$483,817
Total application loan amount$28,746,209
National application rank#6,547 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 16.9% YoY; originations 5.8% 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.