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Lake Terrace & Oaks (Tract 013302)

Orleans, Louisiana

FIPS 22071013302

Juniper

Lake Terrace & Oaks (Tract 013302) is in the highest 3% nationally for FEMA risk score. It also sits in the lowest 1% nationally for home price growth over five years. And it sits in the lowest 7% nationally for home price growth over the past year.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$501,849

Higher than 70% of U.S. tracts
Home Price Growth, Past Five Years

12%

Lower than 99% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

97.3

Higher than 97% of U.S. tracts

The basics

Total Population

2,250

Median Age

41.6

Population Density

1,534.69

Home values & property tax

Median Property Tax

$5,237

Property Tax Rateyearly tax as a share of home value

1.1%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

4.04×

Higher than 57% of U.S. tracts
Median Income

$121,731

Higher than 84% of U.S. tracts
Median Rent

$955

Lower than 76% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

-7.4%

Lower than 93% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

25%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

10%

Climate & weather

Summer Avg High (°F)

90.3

Winter Avg Low (°F)

49.1

Avg Temperature (°F)

70.8

Hot Days/yr (>90°F)

85.6

Freezing Days/yr (<32°F)

2.3

Annual Precipitation (in)

60.1

Annual Snowfall (in)

0.1

Flood & disaster risk

Coastal Flood Loss per $1,000

$0.01

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Lake Terrace & Oaks (Tract 013302): frequently asked questions

What is the typical home value in Lake Terrace & Oaks (Tract 013302)?
The estimated median home value in Lake Terrace & Oaks (Tract 013302) today is $501,849, higher than 70% of U.S. tracts.
How much is property tax in Lake Terrace & Oaks (Tract 013302)?
The median annual property tax in Lake Terrace & Oaks (Tract 013302) is $5,237, an effective rate of 1.1% of home value.
Is Lake Terrace & Oaks (Tract 013302) expensive to live in?
Homes in Lake Terrace & Oaks (Tract 013302) cost about 4.04× the median household income, higher than 57% of U.S. tracts.
What is the average rent in Lake Terrace & Oaks (Tract 013302)?
The median gross rent in Lake Terrace & Oaks (Tract 013302) is $955 a month, lower than 76% of U.S. tracts.
How much have home prices grown in Lake Terrace & Oaks (Tract 013302)?
Home prices in Lake Terrace & Oaks (Tract 013302) have moved 12% over the past five years (-7.4% in the past year), per the FHFA House Price Index.
How many people live in Lake Terrace & Oaks (Tract 013302)?
Lake Terrace & Oaks (Tract 013302) has a population of 2,250, about 1,534.69 people per square mile, per the U.S. Census American Community Survey. The median age is 41.6.
What is the weather like in Lake Terrace & Oaks (Tract 013302)?
Lake Terrace & Oaks (Tract 013302) averages 70.8°F year-round, summer highs near 90.3°F, winter lows around 49.1°F (NOAA 1991–2020 normals). It sees about 0.1 inches of snow a year.
Is Lake Terrace & Oaks (Tract 013302) at risk of flooding or natural disasters?
Lake Terrace & Oaks (Tract 013302)'s FEMA National Risk Index score is 97.3 (higher than 97% of U.S. tracts). Its greatest modeled natural hazard is hurricane. Expected annual loss from flooding is $0.01 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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