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Real Estate Prices & Overview

Upper Audubon median real estate price is $1,108,550, which is more expensive than 99.7% of the neighborhoods in Louisiana and 92.5% of the neighborhoods in the U.S.

The average rental price in Upper Audubon is currently $2,909, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.1% of the neighborhoods in Louisiana.

Upper Audubon is a suburban neighborhood (based on population density) located in New Orleans, Louisiana.

Upper Audubon real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Upper Audubon neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Upper Audubon. The current real estate vacancy rate here is 32.9%. This is higher than the rate of vacancies in 95.8% 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 4.6% of America's neighborhoods are wealthier than the Upper Audubon neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Upper Audubon also has one of the lowest ratings of child poverty in the nation.

In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 85.9% of the adults living in the Upper Audubon neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 99.2% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Also, one of the really interesting characteristics about the Upper Audubon neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 1.1% of college-friendly places to live in the state of Louisiana. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for highly educated executives, urban sophisticates and active retirees.

Modes of Transportation

More people in Upper Audubon choose to walk to work each day (25.9%) 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.

Occupations

The Upper Audubon neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 97.8% of the neighborhoods in America. In fact, 75.0% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Real Estate

Despite all of the residential real estate here in the Upper Audubon neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 32.9%, which is higher than 95.8% of all U.S. neighborhoods.

In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Upper Audubon neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 59.8% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 96.4% of the neighborhoods in the United States.

Diversity

Did you know that the Upper Audubon neighborhood has more Welsh and French ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.0% of this neighborhood's residents have Welsh ancestry and 13.1% have French ancestry.

Upper Audubon is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 97.4% of the neighborhoods in America.

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 Upper Audubon neighborhood in New Orleans are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 95.4% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Upper Audubon neighborhood, 75.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 16.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (5.9%), and 2.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Upper Audubon neighborhood is English, spoken by 93.2% of households. Some people also speak Spanish (4.4%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Upper Audubon neighborhood in New Orleans, LA, residents most commonly identify their ethnicity or ancestry as Irish (16.0%). There are also a number of people of English ancestry (13.8%), and residents who report French roots (13.1%), and some of the residents are also of German ancestry (12.0%), along with some Welsh ancestry residents (4.0%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Upper Audubon neighborhood spend under 15 minutes commuting one-way to work (46.0% of working residents), one of the shortest commutes across America.

Here most residents (44.5%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (25.9%) and 15.3% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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