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Real Estate Prices & Overview

Central City Northeast median real estate price is $299,866, which is more expensive than 74.6% of the neighborhoods in Louisiana and 38.5% of the neighborhoods in the U.S.

The average rental price in Central City Northeast is currently $773, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.4% of Louisiana neighborhoods.

Central City Northeast is an urban neighborhood (based on population density) located in New Orleans, Louisiana.

Central City Northeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Central City Northeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Central City Northeast. The current real estate vacancy rate here is 20.0%. This is higher than the rate of vacancies in 86.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in New Orleans, the Central City Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.9% of U.S. neighborhoods.

Also, more people in Central City Northeast choose to walk to work each day (12.7%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

People

One of the unique characteristics of the Central City Northeast neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 99.8% of the neighborhoods in America.

In addition, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 69.3%. This is a higher percent living alone than we found in 99.7% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

Occupations

There are more people living in the Central City Northeast neighborhood employed as sales and service workers (43.7%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Central City Northeast neighborhood buck this trend. 54.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 99.0% of U.S. neighborhoods.

Real Estate

Renter-occupied real estate is dominant in the Central City Northeast neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 91.3%, which is higher than 97.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Central City Northeast neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 32.5% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.4% of America's neighborhoods.

Furthermore, the Central City Northeast neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Diversity

Did you know that the Central City Northeast neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 49.7% of this neighborhood's residents have African ancestry and 49.7% have Sub-Saharan African ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Central City Northeast neighborhood in New Orleans are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.8% of U.S. neighborhoods. With 39.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.8% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Central City Northeast neighborhood, 56.3% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.0%), and 9.3% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Central City Northeast neighborhood is English, spoken by 93.5% of households. Some people also speak Spanish (6.4%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Central City Northeast neighborhood in New Orleans, LA, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (49.7%). There are also a number of people of African ancestry (49.7%), and residents who report Puerto Rican roots (3.8%), and some of the residents are also of Norwegian ancestry (3.8%), along with some English ancestry residents (3.5%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Central City Northeast neighborhood spend between 45 minutes and one hour commuting one-way to work (43.2% of working residents), longer and tougher than most commutes in America.

Here most residents (43.3%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (26.9%) and 13.0% of residents also carpool with coworkers, friends, or neighbors for their daily commute. The bus provides a valuable service in the Central City Northeast neighborhood of New Orleans by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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