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Algiers Point Neighborhood: Housing & Housing Costs
Data Tables: People & Household Characteristics, Housing & Housing Costs, Income & Poverty, Transportation, Employment, Educational Attainment, Immigration & Language, Disabilities, Neighborhood Characteristics
Housing characteristics |
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| Occupancy status (2000) |
Algiers Point |
Orleans Parish |
Louisiana |
United States |
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|---|---|---|---|---|---|---|
| Total housing units (full count) | 1,408 |
215,091 |
1,847,181 |
115,904,641 |
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| Occupied housing units | 81.3% |
87.5% |
89.7% |
91.0% |
||
| Vacant housing units | 18.7% |
12.5% |
10.3% |
9.0% |
||
| Renters and owners (2000) |
Algiers Point |
Orleans Parish |
Louisiana |
United States |
||
| Total occupied housing units | 1,145 |
188,251 |
1,656,053 |
105,480,101 |
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| Owner occupied | 48.0% |
46.5% |
67.9% |
66.2% |
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| Renter occupied | 52.0% |
53.5% |
32.1% |
33.8% |
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Source Citation: U.S. Census Bureau. Census 2000 Full-count Characteristics (SF1). From a compilation by the GNO Community Data Center. <http://www.gnocdc.org> |
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| Housing age (2000) |
Algiers Point |
Orleans Parish |
Louisiana |
United States |
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| Total housing units (sample count) | 1,407 |
215,091 |
1,847,181 |
115,904,641 |
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| Built 1999 to March 2000 | 0.0% |
0.4% |
2.2% |
2.4% |
||
| Built 1995 to 1998 | 1.1% |
1.3% |
6.7% |
7.3% |
||
| Built 1990 to 1994 | 0.0% |
1.3% |
5.7% |
7.3% |
||
| Built 1980 to 1989 | 2.4% |
8.2% |
18.4% |
15.8% |
||
| Built 1970 to 1979 | 2.4% |
13.6% |
22.4% |
18.5% |
||
| Built 1960 to 1969 | 5.0% |
15.1% |
16.3% |
13.7% |
||
| Built 1950 to 1959 | 4.2% |
16.9% |
12.8% |
12.7% |
||
| Built 1949 or earlier | 84.9% |
43.2% |
15.5% |
22.3% |
||
Source Citation: U.S. Census Bureau. Census 2000 Sample Characteristics (SF3). From a compilation by the GNO Community Data Center. <http://www.gnocdc.org> Occupancy turnover |
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| Length of residency (2000) |
Algiers Point |
Orleans Parish |
Louisiana |
United States |
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| Total occupied housing units | 1,148 |
188,251 |
1,656,053 |
105,480,101 |
||
| Moved in 1999 to March 2000 | 32.8% |
20.6% |
18.7% |
19.9% |
||
| Moved in 1995 to 1998 | 34.1% |
28.5% |
26.9% |
28.9% |
||
| Moved in 1990 to 1994 | 18.4% |
15.9% |
15.6% |
16.1% |
||
| Moved in 1989 or earlier | 14.7% |
35.0% |
38.8% |
35.1% |
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Source Citation: U.S. Census Bureau. Census 2000 Sample Characteristics (SF3). From a compilation by the GNO Community Data Center. <http://www.gnocdc.org> Housing costsFrom this point, a s you scroll down the page, you'll notice that the numbers get more interesting as we look at the relationship between income and housing costs. We've mixed in tips on understanding some of the subtle differences between terms used to describe housing costs and affordability and, as always, have included links to the technical definition for each term. What's the difference between contract rent and gross rent? Contract rent is the monthly rent agreed to (for example, the "rent" amount one finds advertised in the Classifieds), while gross rent is the contract rent plus the estimated monthly costs of utilities (electricity, gas, water, sewer and fuels) whether they are paid for by the owner or the renter. Using gross rent helps to understand the total housing costs and eliminates the effect of the different payment arrangements such as water or electricity included in rent. Definitions and source links |
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| Average rental costs (2000) |
Algiers Point |
Orleans Parish |
Louisiana |
United States |
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| Total renter-occupied housing units paying cash rent | 568 |
96,257 |
474,873 |
33,386,326 |
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| Average contract rent | $496 |
$404 |
$377 |
$565 |
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| Average gross rent | $611 |
$518 |
$490 |
$657 |
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Source Citation: U.S. Census Bureau. Census 2000 Sample Characteristics (SF3). From a compilation by the GNO Community Data Center. <http://www.gnocdc.org> How can you compare rental to home ownership costs? If you use gross rent, it can be compared to selected monthly owner costs to understand the total costs of housing for renters and owners in a given area. |
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| Owner costs with mortgage (2000) |
Algiers Point |
Orleans Parish |
Louisiana |
United States |
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| Total owner-occupied housing units with a mortgage | 412 |
58,667 |
643,900 |
47,065,828 |
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| Owner-occupied housing units (with a mortgage) paying selected owner costs of... | ||||||
| ...less than $200 | 0.0% |
0.2% |
1.1% |
0.3% |
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| ...$200-299 | 0.0% |
0.8% |
2.2% |
0.9% |
||
| ...$300-399 | 1.2% |
2.3% |
4.7% |
2.2% |
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| ...$400-499 | 1.2% |
4.9% |
8.5% |
4.1% |
||
| ...$500-599 | 6.6% |
8.5% |
11.4% |
6.0% |
||
| ...$600-699 | 10.7% |
10.1% |
12.2% |
7.5% |
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| ...$700-799 | 5.6% |
11.2% |
11.8% |
8.3% |
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| ...$800-899 | 12.9% |
10.9% |
10.1% |
8.5% |
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| ...$900-999 | 8.3% |
9.4% |
8.1% |
8.1% |
||
| ...$1,000-1,249 | 25.6% |
14.8% |
13.3% |
17.1% |
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| ...$1,250-1,499 | 10.9% |
9.3% |
7.0% |
12.3% |
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| ...$1,500-1,999 | 13.1% |
8.7% |
5.8% |
13.7% |
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| ...$2,000-2,499 | 2.9% |
3.9% |
2.0% |
5.6% |
||
| ...$2,500-2,999 | 0.0% |
1.7% |
0.8% |
2.4% |
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| ...$3,000 or more | 1.0% |
3.3% |
1.0% |
3.0% |
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| Cost of gross rent (2000) |
Algiers Point |
Orleans Parish |
Louisiana |
United States |
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| Total renter-occupied housing units paying cash rent | 568 |
96,257 |
474,873 |
33,386,326 |
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| Renter-occupied housing units (that pay cash rent) paying gross rent of... | ||||||
| ...less than $100 | 0.0% |
3.1% |
2.0% |
1.0% |
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| ...$100-149 | 0.0% |
3.4% |
3.0% |
1.9% |
||
| ...$150-199 | 0.0% |
3.3% |
4.0% |
2.7% |
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| ...$200-249 | 2.6% |
3.3% |
4.5% |
2.5% |
||
| ...$250-299 | 3.9% |
4.9% |
5.7% |
2.9% |
||
| ...$300-349 | 5.3% |
6.4% |
7.6% |
4.0% |
||
| ...$350-399 | 11.8% |
8.5% |
9.2% |
5.3% |
||
| ...$400-449 | 9.2% |
9.1% |
10.5% |
6.6% |
||
| ...$450-499 | 9.7% |
10.4% |
10.9% |
7.3% |
||
| ...$500-549 | 10.2% |
9.6% |
9.5% |
7.9% |
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| ...$550-599 | 9.9% |
8.3% |
8.0% |
7.7% |
||
| ...$600-649 | 7.7% |
6.2% |
6.2% |
7.4% |
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| ...$650-699 | 9.5% |
5.0% |
4.7% |
6.7% |
||
| ...$700-749 | 4.0% |
3.7% |
3.3% |
6.0% |
||
| ...$750-799 | 0.0% |
2.9% |
2.5% |
5.0% |
||
| ...$800-899 | 1.4% |
4.2% |
3.3% |
7.8% |
||
| ...$900-999 | 2.8% |
2.7% |
1.9% |
5.2% |
||
| ...$1000 or more | 12.0% |
5.0% |
3.2% |
12.1% |
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| Owner costs with mortgage as a percent of household income (2000) |
Algiers Point |
Orleans Parish |
Louisiana |
United States |
||
| Total owner-occupied housing units with a mortgage | 305 |
49,885 |
516,660 |
38,663,887 |
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| Owner-occupied housing units with a mortgage paying selected owner costs... | ||||||
| ...less than 10% of household income | 18.0% |
7.6% |
10.2% |
7.2% |
||
| ...10-14% of household income | 13.8% |
15.7% |
20.3% |
16.2% |
||
| ...15-19% of household income | 9.5% |
17.6% |
20.5% |
20.4% |
||
| ...20-24% of household income | 14.4% |
14.5% |
14.6% |
17.2% |
||
| ...25-29% of household income | 15.4% |
10.7% |
9.2% |
11.8% |
||
| ...30-34% of household income | 10.5% |
7.1% |
5.9% |
7.5% |
||
| ...35-39% of household income | 6.9% |
4.9% |
4.0% |
4.8% |
||
| ...40-49% of household income | 5.6% |
6.3% |
4.7% |
5.3% |
||
| ...50% or more of household income | 5.9% |
14.3% |
9.7% |
9.1% |
||
| ...in which percentage of income was not computed | 0.0% |
1.3% |
0.9% |
0.5% |
||
| Gross rent as a percent of household income (2000) |
Algiers Point |
Orleans Parish |
Louisiana |
United States |
||
| Total specified renter-occupied housing units | 588 |
100,328 |
525,722 |
35,199,502 |
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| Renter-occupied housing units paying gross rent... | ||||||
| ...less than 10% of household income | 9.2% |
6.7% |
7.1% |
6.4% |
||
| ...10-14% of household income | 13.9% |
10.0% |
11.5% |
11.7% |
||
| ...15-19% of household income | 12.9% |
11.2% |
12.5% |
14.3% |
||
| ...20-24% of household income | 21.0% |
10.9% |
10.8% |
12.8% |
||
| ...25-29% of household income | 2.4% |
8.7% |
8.6% |
10.4% |
||
| ...30-34% of household income | 4.1% |
6.6% |
6.2% |
7.3% |
||
| ...35-39% of household income | 3.9% |
4.6% |
4.6% |
5.1% |
||
| ...40-49% of household income | 7.3% |
7.2% |
6.5% |
6.7% |
||
| ...50% or more of household income | 18.0% |
24.4% |
18.8% |
17.8% |
||
| ...in which percentage of income was not computed | 7.3% |
9.7% |
13.4% |
7.5% |
||
Source Citation: U.S. Census Bureau. Census 2000 Sample Characteristics (SF3). From a compilation by the GNO Community Data Center. <http://www.gnocdc.org> Housing affordabilityHow much house can a person afford? Census data can be used to determine how many households might be struggling to meet the costs associated with housing. There is no "magic number" to determine whether housing is affordable or not. According to conventional mortgage underwriting guidelines, the maximum amount of gross income that can be used for mortgage payments alone is 28%; the total for all debt payments including projected mortgage payments is 36%. The 28% threshold does not include other housing costs such as homeowner's insurance, taxes and utilities, and the 36% number includes non-housing costs such as credit card debt and car payments. With this in mind, we aimed for a threshold in between those two. The closest number published by the Census is whether households are paying 30% or more of income on housing. |
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| Housing affordability (2000) |
Algiers Point |
Orleans Parish |
Louisiana |
United States |
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| Owner or renter occupied housing units | 992 |
174,735 |
1,390,532 |
90,411,610 |
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| Paying selected owner costs (if owning) or gross rent (if renting) of 30% or more of household income | 29.2% |
35.9% |
25.2% |
27.7% |
||
| Paying selected owner costs (if owning) or gross rent (if renting) of less than 30% of household income | 66.5% |
57.7% |
68.7% |
68.9% |
||
| Percentage of income was not computed | 4.3% |
6.4% |
6.1% |
3.4% |
||
| Housing affordability by income level (2000) |
Algiers Point |
Orleans Parish |
Louisiana |
United States |
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| Households where 30% or more of household income is spent on selected owner costs (if owning) or gross rent (if renting) | 290 |
62,710 |
350,885 |
25,014,017 |
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| Making less than $10,000 | 21.7% |
40.5% |
40.2% |
24.1% |
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| Making $10,000-19,999 | 37.6% |
33.0% |
32.1% |
27.9% |
||
| Making $20,000-34,999 | 24.8% |
18.2% |
18.4% |
24.9% |
||
| Making $35,000-49,999 | 12.1% |
5.0% |
5.5% |
11.3% |
||
| Making $50,000-74,999 | 3.8% |
2.2% |
2.8% |
8.0% |
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| Making over $75,000 | 0.0% |
1.1% |
1.0% |
3.8% |
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| Housing affordability by owner/renter status (2000) |
Algiers Point |
Orleans Parish |
Louisiana |
United States |
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| Households where 30% or more of household income is spent on selected owner costs (if owning) or gross rent (if renting) | 290 |
62,710 |
350,885 |
25,014,017 |
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| Owner occupied | 32.4% |
31.6% |
46.0% |
48.2% |
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| Renter occupied | 67.6% |
68.4% |
54.0% |
51.8% |
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| Source Citation: U.S. Census Bureau. Census 2000 Sample Characteristics (SF3). From a compilation by the GNO Community Data Center. <http://www.gnocdc.org> | ||||||
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DownloadData Tables: People & Household Characteristics, Housing & Housing Costs, Income & Poverty, Transportation, Employment, Educational Attainment, Immigration & Language, Disabilities, Neighborhood Characteristics
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