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Known for its festive panache and colorful parades, spicy cuisines and southern hospitality, New Orleans is a city that wears its heart on its streets.
The Big Easy, as it is endearingly called, is world-famous for its abundance of unique architectural styles, as it reflects the city's historical roots and multicultural heritage. There are 17 historic landmark districts within the city itself. An eclectic array of styles of housing can be found throughout the area, including the shotgun house (originating from New Orleans) and the California-bungalow style. Creole townhouses, notable for their large courtyards and intricate iron balconies, dot the streets of the French Quarter. You'll also be able to spot some Creole cottages, American townhouses, double-gallery houses and Raised Center-Hall Cottages.
St. Charles Avenue is famed for its large antebellum homes and its mansions in various styles such as Greek Revival, Colonial and Queen Anne and Italianate. The median home price in New Orleans is $158,000.
For much of its history, New Orleans's skyline consisted of only low- and mid-rise structures. The soft soils of New Orleans are susceptible to subsidence, and there was doubt about the feasibility of constructing large high rises in such an environment The 1960s brought the World Trade Center New Orleans and Plaza Tower, which demonstrated that high-rises could stand firm on New Orleans's soil. One Shell Square took its place as the city's tallest building in 1972. The oil boom of the early 1980s redefined the city's skyline again with the development of the Poydras Street corridor. Today, high-rises are clustered along Canal Street and Poydras Street in the Central Business District.
Major port townNew Orleans is the home to one of the largest and busiest ports in the world, and accounts for a major portion of the nation's refinery and production of petroleum. The city is the home and worldwide headquarters of Fortune 500 company, Entergy Corporation, a leading provider of energy resources. Other companies with a significant presence in New Orleans include Freeport-McMoRan, AT&T, IBM, Navtech, Harrah's (downtown casino), Popeye's Fried Chicken, Zatarain's, Whitney Bank and Capital One banking headquarters.
The city is also host to the World Cultural Economic Forum. The Forum, held annually at the New Orleans Convention Center, is directed towards promoting cultural, economic development opportunities through the strategic convening of cultural ambassadors and leaders from around the world.
New Orleans has been bouncing back since the devastation of Hurricane Katrina in 2005, with residents, tourism and large conventions returning to the city. Renowned for its cultural tourism, food and rich history New Orleans is a world-class city to visit and call home, so start your real estate search today!
Sources and more information:
http://en.wikipedia.org/wiki/New_Orleans
http://www.neworleans.com/
http://www.neworleansonline.com/
Community Information for 70128
Population: 7,416
Median Age: 32
Median Household Income: $51,271
Households with Children: 46.03%
Median Travel Time to Work: 26.5 minutes
Real Estate Market Information
Median Home Sale Price: $63,500
Annual Turnover Rate: 9.82%In current residence +5 years: 49.17%
Median years in residence: 5
Homes Owned: 57.73%
Homes Rented: 21.34%
Homes Vacant: 20.93%
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