The Home Buyer's Korner

Information presented should be used for educational purposes only.

May 2nd, 2016

Guy looking up in color

GREATER NEW ORLEANS, LOUISIANA

Central City

Jackson Ave/Lasalle St 70113 Neighborhood

The Home Buyer’s Korner

Real Estate G+

Mortgage Lender

General Contractor G+

BUILDING THE DREAM OF HOME OWNERSHIP

S Liberty St, New Orleans, LA 70113

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The median real estate price Jackson Ave/Lasalle St (Central City) neighborhood of New Orleans, Louisiana is just over $121,100, which is more expensive than nearly 43 percent of the neighborhoods in the state and 28 percent of the neighborhoods in the country.

The average rental price in the Jackson Ave/Lasalle St (Central City) neighborhood is currently slightly more than $550 a month, and rents here are currently lower in price than 96 percent of the neighborhoods in Louisiana. Most of the residential real estate is renter occupied

Jackson Ave/Lasalle St (Central City) area is an urban neighborhood located in New Orleans, Louisiana, and the real estate is primarily made up of small studios and two bedroom to medium sized three or four bedroom single-family homes and other multi-family housing options like condominiums, town homes, duplexes, and apartments. Many of the residences in the Jackson Ave/Lasalle St (Central City) neighborhood are relatively historic, built no later than 1939 and in some cases, quite a bit earlier, while a number of residences were also built between 1940 and 1969.

Vacancy rates for homes or apartments are a fact of life in the Jackson Ave/Lasalle St (Central City) neighborhood. The current real estate vacancy rate here is nearly 31 percent, and higher than the rate of vacancies in over 94 percent of all neighborhoods in the country. To understand more about this neighborhoods vacancy rate and its effect on your home buying or selling options, consult your real estate agent.

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference when choosing a neighborhood to call home. This neighborhood has some really cool things about the way it looks and feels. 

The first thing you may notice if you moved to this neighborhood is that a large amount of households made up of same sex couples. With nearly seven percent of the neighborhood made up of LGBT households, this is a higher proportion of same sex households than in nearly any neighborhoods in America. This is a strong indicator that this neighborhood is likely a gay-friendly neighborhood. If you are looking for such a neighborhood, the Jackson Ave/Lasalle St (Central City) neighborhood should be on your list of places to consider.

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With nearly seven percent of residents in the Jackson Ave/Lasalle St (Central City) neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than nearly 99 percent of all neighborhoods in America. Additionally, over 19 percent of residents in the Jackson Ave/Lasalle St (Central City) neighborhood choose to walk to work each day. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Your future neighbors in the Jackson Ave/Lasalle St (Central City) neighborhood of New Orleans earn modest incomes, and this neighborhood has an income lower than nearly 99 percent of all other neighborhoods across the nations. 

In the Jackson Ave/Lasalle St (Central City) neighborhood, 52 percent of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. From major sales accounts to fast-food workers, sales and service employees are often the backbone of the New Orleans local economy. In the Jackson Ave/Lasalle St (Central City) neighborhood, they truly stand out. This neighborhood as having a higher percentage of sales and service workers than 99 percent of all other neighborhoods nationwide. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with nearly 19 percent of the residents employed. Other residents here are employed in executive, management, and professional occupations at over 17 percent, and more than 12 percent in clerical, assistant, and tech support occupations.

Each neighborhood has its own culture derived primarily from the ancestry, and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture, some more unique than others, based on lifestyle, occupations, the types of households, and importantly, on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Jackson Ave/Lasalle St (Central City) neighborhood in New Orleans, LA, residents most commonly identify their ethnicity or ancestry as African at nearly 20 percent, and residents who report Asian roots at over 11 percent. Some of the residents are also of English ancestry at just over one percent. In addition, over 11 percent of the residents of this neighborhood were born in another country.

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Jackson Ave/Lasalle St (Central City) neighborhood is English, spoken by 81 percent of households, while nearly four percent speaks Tagalog; the first language of the Philippine region. Other important languages spoken here include Spanish, and South Asian languages.

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LOUISIANA HOME OWNERSHIP TOOLS

Your Home Purchasing or Refinancing & Renovation Tools,

Home Improvements, Home Renovations,

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase.

Here are just a few of the home improvements

you might consider with any Home Renovation loan

Repair or replace a roof

Install, replace or repair gutters and downspouts

Replace, repair or upgrade your HVAC system

Repair or replace plumbing

Install, repair or replace electrical systems

Kitchen remodeling (including the purchase and installation of appliances)

Bathroom remodeling, Full interior painting, Total exterior painting

Repair or replace a septic system and/or well

Disability access (wheelchair ramp, elevator, widen doorways)

Build, repair or replace deck, patio or porch

Basement waterproofing and finishing

Abatement/Stabilization of lead-based paint hazards

Replace old windows, Room additions, Finish an attic

Add a second story to your home

Replace a termite damaged sill plate (a water-damaged sill plate also)

Possible landscaping items such as correction of grading & drainage problems,

tree removal, repair a driveway and sidewalks

FHA 203K

Your Home Purchasing or Refinancing & Renovation Tool

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMESTYLE

The Conventional Alternative to FHA 203K

Great for Real Estate Investors and Second Home Renovations

Mortgage Loan Officers, Real Estate Agents & General Contractors

are ready to assist you with your home purchase

FANNIE MAE HOMEPATH RENOVATIONS

Rebuilding the Dream of Home Ownership

Fannie Mae HomePath has No Mortgage Insurance up to 95% LTV

Up to $35K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you with your home purchase

USDA RURAL DEVELOPMENT

Up to $10K for Home Improvements, Renovations or a Simple Remodel

Mortgage Loan Officers, Real Estate Agents & General Contractors are ready to assist you with your home purchase

A SIMPLE HOME SHOPPING INSPECTION TOOL

Organizing your home shopping experience affords a wise decision-making process.

This simple home inspection tool makes your ultimate buying decision a smart one.

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70113 Central City

70113 Central City North Street Josephine St Philip St Lafayette St Terpsichore St Danneel Street # Robertson St Lasalle St 2215 Felicity Street Baronne St Oretha C Haley Blvd Clara St Washington Ave Baronne St Euterpe St St. Andrew St 1st St 2725 Philp St 1st St Saint Andrew St Freret St Lafayette St Lafayette St ST CHARLES AVE Dryades St 712 Salcedo Julia St Danneel St Saratoga St Julia St 1737-39 First St. Simon Bolivar Ave Thalia St 2619 Danneel Street Jackson Ave Felicity St Liberty St Willow St Danneel 2125 Josephine St Okeefe Ave Martin Luther King Jr Blvd 2nd St Erato St Loyola Ave 3rd St Washington Brainard St Rampart St Girod St 4th St Magnolia St Saint Joseph St Clio St Robertson St

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