ZIP code 71118: income, home prices and cost of living

The median household income in ZIP 71118 is $56,933, which is 8% above the Louisiana median of $52,742 and 17% below the national figure. The typical home is valued at $161,100, and the median rent is $1,050/month. 61.9% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$56,933

Louisiana average
$52,7428%
National
$68,75017%

Median home value

$161,100

Louisiana average
$157,1003%
National
$209,60023%

Median gross rent

$1,050

Louisiana average
$85922%
National
$9847%

Median age

36.4 yrs

Louisiana average
38.5 yrs5%
National
41.0 yrs11%

Homeownership rate

61.9%

Louisiana average
74.7%17%
National
75.8%18%

Bachelor's degree or higher

13.4%

Louisiana average
11.1%21%
National
15.9%16%

How ZIP 71118 compares with Louisiana and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

Talk to a vetted advisor who serves your area

Local numbers only take you so far. Get matched with a fiduciary advisor who works with households in Louisiana.

Get matched with an advisor

Nearby ZIP codes in Louisiana

71119711157111271111711097110871107711297110671105

Or compare 71118 with 71119.

Run your own numbers

Cost of living calculatorBudget calculatorMortgage calculator

See every local figure on the Louisiana money guide.

What people search about ZIP 71118

Searches for the cost of living in 71118, the median household income in 71118, average rent in 71118 and home values in this part of Louisiana all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

  • cost of living in 71118
  • median household income in 71118
  • home values in 71118
  • average rent in 71118
  • property tax in 71118
  • housing market in 71118

Methodology

Figures describe ZIP Code Tabulation Area 71118, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.