ZIP Code 70123
standardNew Orleans · Jefferson County · Louisiana
ZIP code 70123 in New Orleans, Louisiana has a population of 26,475. The median household income is $83,585, which is 10% above the national average. Median home value is $348,100, 25% above the US average. 45.1% of residents hold a bachelor's degree or higher.
ZIP code 70123 is classified by USPS as a standard delivery area and covers roughly 19.5 square miles in New Orleans, Jefferson County, Louisiana. The area is home to 26,475 residents, producing a population density of 1,361 people per square mile, and falls within the Chicago time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 70123 against Louisiana and the nation.
On the economic side, the median household income for ZIP 70123 sits at $83,585 (40% above the Louisiana average), while per-capita income is $52,511. The poverty rate stands at 8.7% and the unemployment rate at 3.9%. On housing, the median home value is $348,100 (97% above the state average) with median rent at $1,390 per month, and 54.7% of occupied units are owner-occupied — a direct signal of whether 70123 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 45.1% of adults hold a bachelor's degree or higher, the median age is 43.3, and the average commute is 22 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Jefferson County, so you can benchmark 70123 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data — no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 70123
Top 5 industries — ZIP 70123 (establishments)
Source: U.S. Census Bureau — American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 70123, New Orleans, LA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
26,475
Population
19.5
Area (sq mi)
1,361
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Demographics
43.3
Median Age
48.7%
Male
51.3%
Female
9.0%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
Income & Employment
$83,585
Median Household Income
+40% vs state
$52,511
Per Capita Income
8.7%
Poverty Rate
3.9%
Unemployment Rate
22.0 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
Education
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
Housing
14,624
Total Housing Units
13,635
Occupied Units
989
Vacant Units
2.00
Avg Household Size
Occupancy Type
$348,100
Median Home Value
+97% vs state
$1,390
Median Rent
1978
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
Home Value Trends
FHFA House Price Index — annual appreciation data based on repeat sales and appraisals
-2.4%
YoY Change (2024)
202
HPI Index (2000 = 100)
+102%
Total Change Since 2000
Home values in ZIP 70123 have decreased 2.4% over the past year (2024). Since 2000, this ZIP has seen +102% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.4% | 171 |
| 2021 | +6.2% | 181 |
| 2022 | +11.9% | 203 |
| 2023 | +1.9% | 207 |
| 2024 | -2.4% | 202 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
Local Business Landscape
Census Bureau data shows 1,336 business establishments in ZIP 70123, employing approximately 25,160 people with a combined annual payroll of $1,599,954,000.
1,336
Businesses
25,160
Employees
$1.6B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Wholesale trade | 247 | 18.5% |
| Construction | 160 | 12.0% |
| Retail trade | 140 | 10.5% |
| Professional, scientific, and technical services | 116 | 8.7% |
| Accommodation and food services | 101 | 7.6% |
| Other services (except public administration) | 89 | 6.7% |
| Real estate and rental and leasing | 76 | 5.7% |
| Health care and social assistance | 71 | 5.3% |
| Finance and insurance | 65 | 4.9% |
| Manufacturing | 58 | 4.3% |
| Administrative and support and waste management and remediation services | 56 | 4.2% |
| Transportation and warehousing | 48 | 3.6% |
| Management of companies and enterprises | 36 | 2.7% |
| Arts, entertainment, and recreation | 30 | 2.3% |
| Information | 25 | 1.9% |
| Educational services | 16 | 1.2% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 70123 vs 70094 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 70094 | Westwego, LA | 31,669 | 2.6 mi |
| 70121 | New Orleans, LA | 12,029 | 2.7 mi |
| 70003 | Metairie, LA | 40,150 | 3.3 mi |
| 70001 | Metairie, LA | 37,996 | 3.2 mi |
| 70006 | Metairie, LA | 15,703 | 4.4 mi |
| 70118 | New Orleans, LA | 33,008 | 4.8 mi |
| 70062 | Kenner, LA | 17,095 | 4.0 mi |
| 70031 | Ama, LA | 1,316 | 5.5 mi |
| 70002 | Metairie, LA | 18,879 | 4.9 mi |
| 70125 | New Orleans, LA | 14,479 | 6.1 mi |
More ZIP Codes in Jefferson County
Related Areas
Frequently Asked Questions
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How many businesses are in ZIP code 70123? ▼
What are the main industries in ZIP code 70123? ▼
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Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
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