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Joined: 05 Jan 2007
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PostPosted: Tue Jan 09, 2007 2:05 am    Post subject: NEW ORLEANS CITY PROFILE / NEW YORK CITY GUIDE Reply with quote

NEW ORLEANS CITY PROFILE

Introduction

An international seaport with direct water connections to half the United States, New Orleans would not exist without the Mississippi River. Its roots are deep in the saturated soils of the delta; its history is a pageant of canoes, rafts, paddle-wheels, and barges from mid-America converging with sails and steamships from around the world. Under four flags New Orleans has grown from a tiny swamp outpost populated by French convicts to a major economic centre, a sports-minded city of rare elegance, culture, and high spirits. The city consistently appears on "Top Ten" lists as a vacation destination, cited particularly for its many attractions and for its fine cuisine.

The City in Brief

Note: This profile of the city of New Orleans was updated prior to August 2005, when Hurricane Katrina caused severe damage to the Gulf Coast region of the United States. The long-term impact of Katrina on New Orleans is unknown at the time of publication.

Founded: 1718 (incorporated 1805)

Head Official: Mayor C. Ray Nagin (since 2002)

City Population

1990: 496,938

2000: 484,674

2003 estimate: 469,032

Percent change, 1990–2000: −2.46%

U.S. rank in 1990: 24th (State rank: 1st)

U.S. rank in 2000: 38th (State rank: 1st)

Metropolitan Area Residents

1990: 1,285,262

2000: 1,337,726

Percent change, 1990–2000: 4.08%

U.S. rank in 1990: 32nd

U.S. rank in 2000: 34th

Geography and Climate

Area: 181 square miles (2000)

Elevation: Ranges from 5 feet below sea level to 15 feet above sea level

Average Annual Temperature: 68.1° F

Average Annual Precipitation: 61.88 inches

Economy

Major Economic Sectors: entertainment, tourism and hotels, construction, financial services, oil and gas, maritime/transportation, shipbuilding and aerospace

Unemployment rate: 5.0% (December 2004)

Per Capita Income: $17,258 (2000)

Cost of Living

The following is a summary of data regarding several key cost of living factors for the New Orleans area.

2004 (3rd Quarter) ACCRA Average House Price: $226,244 (Slidell–St. Tammany Parish reporting)

2004 (3rd Quarter) ACCRA Cost of Living Index: 96.1 (U.S. average = 100.0)

State income tax rate: Ranges from 2.0% to 6.0%

State sales tax rate: 8.75% (food sales exempt)

Local income tax rate: None

Local sales tax rate: Varies by parish ranging from 5.0% in Orleans Parish (City) to 4.75% in Jefferson Parish

Property tax rate: 1.70% (residential property is assessed at 10% of fair market value with a $7,500 homestead exemption)

Other Information

2002 FBI Crime Index Total: 31,206

Major Colleges and Universities: University of New Orleans, Tulane University, Louisiana State University School of Medicine, Southeastern Louisiana University, Loyola University, Xavier University, Dillard University

Daily Newspaper: The Times-Picayune
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