New Orleans, LA

Wealthiest neighborhoods in New Orleans--would you buy a home here?

Channelocity

New Orleans, Louisiana is a city that is rich in history. The current metro area population of New Orleans in 2022 is 1,005,000, a 0.7% increase from 2021.

New Orleans is actually unofficially considered the most haunted city in America. "The stories are endless: the slave torture and murders committed by Delphine LaLaurie at her Royal Street estate; The restless souls who inhabit the lavish restaurant Muriel’s, where séances are still held to this day. These are just some of the popular tales."

Aside from these interesting tidbits, it's also home to some of the wealthiest neighborhoods in the state. Check out the list below of the richest neighborhoods in New Orleans.

#1-Upper Audubon

Upper Audubon's median real estate price is a staggering $1,207,615, which is more expensive than 99.8% of the neighborhoods in Louisiana and 96.5% of the neighborhoods in the U.S.

The average rental price in Upper Audubon is currently $2,055, making it higher than 98.2% of the neighborhoods in Louisiana.

There is no doubt that residents here are wealthy. In fact, a mere 3.6% of America's neighborhoods are wealthier than the Upper Audubon neighborhood.

#2-Newcomb Boulevard / Tulane University of Louisiana

The average home price in Newcomb Boulevard / Tulane University of Louisiana is $936,200, which is more expensive than 99.5% of the neighborhoods in Louisiana and 92.5% of the neighborhoods in the U.S.

The average rental price in the Newcomb Boulevard / Tulane University of Louisiana area is currently $1,780, which is higher than 94.6% of the neighborhoods in Louisiana.

The current real estate vacancy rate here is 27.5%. This is higher than the rate of vacancies in 92.8% of all U.S. neighborhoods.

#3-Faubourg Avart North

Faubourg Avart North's median home price is $936,096, which is more expensive than 99.5% of the neighborhoods in Louisiana and 93.3% of the neighborhoods in the U.S.

The average rental price in Faubourg Avart North is currently $1,929, which is higher than 97.1% of the neighborhoods in Louisiana.

The Faubourg Avart North neighborhood has a higher proportion of its residents employed as executives, managers, and professionals than 99.5% of the neighborhoods in America.

#4-Audobon / Loyola University New Orleans

The average home price here is $898,329, which is more expensive than 99.3% of the neighborhoods in Louisiana and 91.6% of the neighborhoods in the U.S.

The average rental price in Audobon / Loyola University New Orleans is currently $2,381. This rate of rent is 99.3% higher than neighborhoods in Louisiana.

#5-Hurstville

The median home cost in Hurtsville is $886,402, which is more expensive than 99.4% of the neighborhoods in Louisiana and 91.7% of the neighborhoods in the U.S.

The average rental price in Hurstville is currently $1,965, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.3% of the neighborhoods in Louisiana.

Notably, 62.5% of people here have earned an advanced degree. Compare that to the average neighborhood in America, where just 12.7% of adults have completed a post-graduate degree.

New Orleans residents, what do you think of this list? Would you ever purchase a home in one of these neighborhoods?

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