70005, Metairie, LA

Metairie is a suburb of New Orleans located in Jefferson Parish. As of the 2010 census, the population was 97,898. Metairie is a diverse community with a large concentration of African Americans and Hispanics. The median household income in Metairie was $64,711 in 2016 according to the US Census Bureau.

The 70005 zip code has a median home value of $269,200 as of January 1, 2018 according to Zillow data. This is significantly higher than the statewide median home value of $181,600 and well above the national median home value of $177,200. The 70005 zip code has seen significant growth over the past few years with an increase in both home values and population. This growth can be attributed to several factors including increasing demand for housing due to an influx of new residents and businesses, low interest rates that have helped to boost homeownership rates, and limited availability of affordable housing options within Metairie itself.

Despite these positive trends, there are still some challenges facing residents in the 70005 zip code when it comes to buying or selling homes. One issue that has been particularly problematic in recent years is rising prices versus stagnant incomes – this has made it difficult for many families who are looking to buy their first homes or upgrade their current ones. Additionally, there is a lack of available inventory within Metairie which has led to high prices and long waiting periods for buyers who do find properties they want to purchase. Despite these challenges, Metairie remains one of the most desirable places to live in Louisiana with strong job prospects and access to excellent schools and recreational facilities