Pension Town, New Orleans, LA
Pension Town — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Pension Town, New Orleans, Louisiana. Explore the cited sources and local facts below while agent underwriting continues.
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Pension Town Neighborhood Overview
Pension Town is a residential neighborhood located in the Algiers area of New Orleans, Louisiana. Situated on the West Bank of the Mississippi River, it offers a more suburban feel within the city limits. The community is characterized by its quiet streets and a strong sense of local pride among its residents.
Lifestyle & Amenities
Life in Pension Town revolves around its local parks and community-focused atmosphere. Residents enjoy convenient access to essential shopping and dining options along General De Gaulle Drive and other nearby commercial corridors. The neighborhood provides a peaceful retreat while remaining close to the broader amenities of Algiers and New Orleans.
Real Estate Market
The real estate market in Pension Town features a median home value of $233,200, with a price per square foot around $261.78. Homes tend to stay on the market for an average of 164 days, and the neighborhood maintains a homeownership rate of 55%. Rental options are available with a median monthly rent of $1,096.
Schools & Education
Pension Town is served by the Orleans Parish School District (NOLA Public Schools). Families in the area have access to a variety of public, charter, and private school options throughout the West Bank. Prospective residents are encouraged to research current school assignments and performance data directly through the district.
Transportation & Connectivity
The neighborhood is well-connected by major roadways like General De Gaulle Drive and the West Bank Expressway, facilitating easy car travel. Public transportation is available via New Orleans Regional Transit Authority bus lines. The iconic Algiers Ferry provides a scenic and direct connection to the French Quarter and downtown New Orleans.
Why Choose Pension Town
Pension Town appeals to homebuyers and renters seeking affordability and space within New Orleans, supported by a median household income of $56,378. It offers a quieter, family-friendly alternative to the city's more bustling districts while maintaining good connectivity. The blend of suburban comfort and city accessibility makes it a practical choice for many.
Pension Town Market Data
| Metric | Value |
|---|---|
| Median Home Price | $233K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $56K |
| Homeownership Rate | 55.2% |
| Renter-Occupied | 44.8% |
| Rental Vacancy Rate | 8.0% |
| Market Type | Buyer's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 70121 |
Top Real Estate Agents in Pension Town, New Orleans
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Pension Town, New Orleans, LA. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Louisiana Real Estate Commission (LREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15