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Real Estate Prices & Overview

Gentilly Terrace North median real estate price is $325,879, which is more expensive than 79.9% of the neighborhoods in Louisiana and 44.2% of the neighborhoods in the U.S.

The average rental price in Gentilly Terrace North is currently $1,703, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 76.0% of the neighborhoods in Louisiana.

Gentilly Terrace North is an urban neighborhood (based on population density) located in New Orleans, Louisiana.

Gentilly Terrace North real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Gentilly Terrace North neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in Gentilly Terrace North. The current real estate vacancy rate here is 16.4%. This is higher than the rate of vacancies in 80.9% 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.

Diversity

Did you know that the Gentilly Terrace North neighborhood has more French and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.9% of this neighborhood's residents have French ancestry and 1.9% have Native American ancestry.

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 Gentilly Terrace North neighborhood in New Orleans are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 53.2% of the neighborhoods in America. In addition, 7.7% 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 56.7% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Gentilly Terrace North neighborhood, 52.0% 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 18.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (17.1%), and 12.8% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Gentilly Terrace North neighborhood is English, spoken by 97.6% of households.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Gentilly Terrace North neighborhood in New Orleans, LA, residents most commonly identify their ethnicity or ancestry as French (10.9%). There are also a number of people of German ancestry (9.2%), and residents who report Sub-Saharan African roots (7.5%), and some of the residents are also of English ancestry (6.2%), along with some Irish ancestry residents (6.0%), 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 Gentilly Terrace North neighborhood spend between 15 and 30 minutes commuting one-way to work (46.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (66.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (13.5%) and 9.0% of residents also ride the bus 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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