Neighborhood Profile

Tulane-Gravier

New Orleans, LA | Orleans Parish
Scored premium profile
Best Neighborhoods USA Index
26.9
National rank: #13,957 of 14,967
Stability and Strength
16.1
Score
Value Opportunity
12.7
Score
Momentum
64.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew Orleans, LA
CountyOrleans Parish
National rank#13,957 of 14,967
State rank#119 of 147
City rank#56 of 69
County rank#56 of 69
National percentile6.7
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$269,781
Year-over-year home value change0.5%
Month-over-month home value change1.20%
Home value to income ratio20.93
Median household income$12,890
Bachelor's degree or higher34.1%
Civilian unemployment rate8.5%
Homeownership rate28.0%
Housing vacancy rate21.6%
Rent burden 30% or higher85.5%

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 Tulane-Gravier

What is the Best Neighborhoods USA ranking for Tulane-Gravier?

Tulane-Gravier is ranked #56 of 69 eligible neighborhoods in New Orleans; #119 of 147 eligible neighborhoods in LA; and #13,957 of 14,967 eligible neighborhoods in the United States.

Is Tulane-Gravier one of the best neighborhoods in New Orleans?

Tulane-Gravier has a Best Neighborhoods USA Index of 26.9 and a city ranking of #56 of 69 eligible neighborhoods in New Orleans.

How much are homes worth in Tulane-Gravier?

The current Zillow Home Value Index for Tulane-Gravier is approximately $269,781.

Are home values rising or falling in Tulane-Gravier?

Zillow neighborhood values changed 0.5% year over year and 1.20% month over month.

What is the Neighborhood Momentum Score for Tulane-Gravier?

Tulane-Gravier has a Neighborhood Momentum Score of 64.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Tulane-Gravier?

The NDS-derived neighborhood median household income is approximately $12,890.

How affordable is Tulane-Gravier relative to household income?

The current Zillow home-value-to-household-income ratio is 20.93. Price-to-income affordability is a major Value Opportunity input.

Is Tulane-Gravier primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 28.0%.

What is the unemployment rate in Tulane-Gravier?

The NDS-derived civilian unemployment rate is approximately 8.5%.

How educated are residents of Tulane-Gravier?

Approximately 34.1% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Tulane-Gravier face high rent burden?

Approximately 85.5% 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 Tulane-Gravier?

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 applications43
Estimated originations22
Home-purchase applications28
Origination rate49.9%
Home-purchase share65.5%
Average application loan$352,121
Total application loan amount$15,171,489
National application rank#7,835 of 14,874 rankable neighborhoods
Geometry coverage99.7%
Recent trend: Applications -22.7% YoY; originations -21.8% 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.