Market Profile

The charming city of New Orleans, Louisiana

It is a major U.S. port and is the largest city and metropolitan area in the state of Louisiana. New Orleans is often referred to as the “Big Easy.” Throughout the years, New Orleans has developed a stunning reputation as being a tourist party town known for its cuisine, music (the birthplace of Jazz) and its annual celebrations and festivals. Visitors and tourists enjoy sightseeing within the city; from the world-renowned French Quarter (consisting of 80 blocks around Jackson Square, which is usually filled with artists, fortune tellers and New Orleans street musicians) and Bourbon Street's notorious nightlife to St. Charles a Plantation Homes, Harrah’s Casino. The Louisiana Superdome is home to the NFL’s New Orleans Saints and Tulane University’s Green Wave football teams. The New Orleans Arena is home the NBA’s New Orleans Hornets aAvenue (home of Tulane and Loyola Universities, and many 19th century mansions), to Magazine Street, with its many boutique stores and antique shops. Some favorite tourist attractions include the Steamboat Natchez Riverboat Cruise, the Aquarium-Zoo Cruise, D-Day Museum, Mardi Gras World, Cities of the Dead, Jackson Square, Louisiannd the New Orleans Voodoo Arena Football league. New Orleans is also home to many colleges and universities such as the University of New Orleans, Tulane University of Louisiana, Loyola University, Southern University of New Orleans, and Xavier University, just to name a few. New Orleans most known event is Mardi Gras or Carnival which takes place 2 weeks every February- March and brings millions of tourist to the city. New Orleans encompasses every essence of a city full of life, entertainment, culture and diversity.


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Population & Households

Population
Population 2008 – 321,466
Population 2013 – 335,003

Households
Total – 127,993
Families – 74,768
Average Household Size – 2.52
Median Age – 35.2

Income

Median Household Income – $36,622
Average Household Income – $50,990
Per Capita Income – $19,998

Employment

Business Establishments – 10,177
Employees Working in Parish – 165,327
Labor Force in Parish – 100,444
Unemployment Rate – 4.3

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Population & Households

Population
Population 2008 - 446,686
Population 2013 - 471,866

Households
Total – 172,601
Families – 116,402
Average Household Size – 2.57
Median Age – 37.7

Income

Median Household Income – $43,828
Average Household Income – $57,228
Per Capita Income – $22,212

Employment

Business Establishments – 35,604
Employees Working in Parish – 196,984
Labor Force in Parish – 225,631
Unemployment Rate – 3.0