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1Source: State of the Inner City Economies, ICIC
Inner City New Orleans Profile(pre-Katrina)
This presentation draws on proprietary data of the Initiative for a Competitive Inner City– State of the Inner City Economies Project. Additional content is drawn from the work of the Institute for Strategy and Competitiveness– Cluster Mapping Project at Harvard Business School, www.isc.hbs.edu. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means - electronic, mechanical, photocopying, recording, or otherwise - without the permission of the Initiative for a Competitive Inner City.
Additional information may be found at the website of the Initiative for a Competitive Inner City, www.icic.org.
Funded By:
2Source: State of the Inner City Economies, ICIC
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Inner Cities of 100 Largest Central Cities
3Source: State of the Inner City Economies, ICIC
New Orleans MSA New Orleans Central City New Orleans Inner City
Defining Inner City New Orleans
Inner Cities are defined as core urban areas that are economically distressed.
1. Places of poverty - census tracts with 20% or greater poverty rates (or, compared to the surrounding metro area, 50% greater unemployment or poverty, or half the median income.)
2. Adjacent neighborhoods –contiguous census tracts that contain significant population.
4Source: State of the Inner City Economies, ICIC
New Orleans Demographics Snapshot (vs City)
% Metropolitan Area Population
Income Density($M per square mile)
Median Household Income
*Source: 2000 U.S. Census. Note: ICIC ranks 100 large inner cities by the highest percentage or value in each category. Inner City and Metropolitan Area are exclusive categories. Household is as defined by the U.S. Census.**Metropolitan Area including inner city
Inner City (Rank*)Inner City (Rank*) Entire CityEntire City
283,000 (17th largest)27%
66% (#43)17% (#23)85% (#23)41% (#63)36% (#63)
38% (2nd highest)
$54M (#53)13% (#41)
$19,900 (#95)
283,000 (17th largest)27%
66% (#43)17% (#23)85% (#23)41% (#63)36% (#63)
38% (2nd highest)
$54M (#53)13% (#41)
$19,900 (#95)
484,67441%
75%26%72%38%41%28%
$46M9.5%
$27,100**
484,67441%
75%26%72%38%41%28%
$46M9.5%
$27,100**
Total Population
High School AttainmentCollege Attainment
Population 25 and under
Unemployment Rate
Minority Population
Homeownership Rate
Poverty Rate
5Source: State of the Inner City Economies, ICIC
New Orleans Demographics Snapshot (vs MSA)
% Metropolitan Area Population
Income Density($M per square mile)
Median Household Income
*Source: 2000 U.S. Census. Note: ICIC ranks 100 large inner cities by the highest percentage or value in each category. Inner City and Metropolitan Area are exclusive categories. Household is as defined by the U.S. Census.**Metropolitan Area including inner city
Inner City (Rank*)Inner City (Rank*) Metropolitan AreaMetropolitan Area
283,000 (17th largest)27%
66% (#43)17% (#23)85% (#23)41% (#63)36% (#63)
38% (2nd highest)
$54M (#53)13% (#41)
$19,900 (#95)
283,000 (17th largest)27%
66% (#43)17% (#23)85% (#23)41% (#63)36% (#63)
38% (2nd highest)
$54M (#53)13% (#41)
$19,900 (#95)
1,170,00073%
81%24%34%35%69%13%
$7M5%
$27,300**
1,170,00073%
81%24%34%35%69%13%
$7M5%
$27,300**
Total Population
High School AttainmentCollege Attainment
Population 25 and under
Unemployment Rate
Minority Population
Homeownership Rate
Poverty Rate
6Source: State of the Inner City Economies, ICIC
New Orleans Business Base
Inner City (Rank)*Inner City (Rank)* Metropolitan AreaMetropolitan Area
121,000 (#24)-0.9% (#61)
6,000 (#20)-1.4% (#67)
1.1% (#55)
13.6 (#77)
1.1 (#88)
121,000 (#24)-0.9% (#61)
6,000 (#20)-1.4% (#67)
1.1% (#55)
13.6 (#77)
1.1 (#88)
404,0001.3%
26,0001.0%
0.9%
14.1
1.6
404,0001.3%
26,0001.0%
0.9%
14.1
1.6
Total Jobs (Private only)Job Growth,
1995 to 2002 CAGR
Total EstablishmentsEstablishment Growth,
1995 to 2002 CAGR
Wage Growth,1995 to 2002 CAGR
2005 Business Startups(per 1000 establishments)
2004 Bankruptcies (per 1000 establishments)
Note: 2002 data, except business bankruptcies are 2004 data and business startups are 2005 data. Inner City and Metropolitan Area are exclusive categories. *82 inner cities (those with IC population >50,000) are ranked by highest percentage or value in each category.
7Source: State of the Inner City Economies, ICIC
Largest Employers Inner City New Orleans, 2002
17,90015,900
13,800
10,500
5,000 4,700 4,700 4,500 4,300 4,100
Loca
l Hos
pita
lity
Esta
blis
hmen
ts
Hea
lth S
ervi
ces
Loca
l Com
mer
cial
Ser
vice
s
Hos
pita
lity
and
Tour
ism
Loca
l Com
mun
ity a
nd C
ivic
Org
aniz
atio
ns
Loca
l Rea
l Est
ate,
Con
stru
ctio
n,an
d D
evel
opm
ent
Edu
catio
n an
d K
now
ledg
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reat
ion
Loca
l Fin
anci
al S
ervi
ces
Fina
ncia
l Ser
vice
s
Busi
ness
Ser
vice
s
; ISC, Harvard Business School
8Source: State of the Inner City Economies, ICIC
Largest Job Gainers and LosersInner City New Orleans, 1998-2002
1,100 900 900 800400
-1,000 -1,100 -1,300
-2,000 -2,200
Loca
l Hos
pita
lity
Esta
blis
hmen
ts
Loca
l Util
ities
Ent
erta
inm
ent
Edu
catio
n an
d K
now
ledg
eC
reat
ion
Dis
tribu
tion
Ser
vice
s
Loca
l Log
istic
al S
ervi
ces
Loca
l Hea
lth S
ervi
ces
Tran
spor
tatio
n an
d Lo
gist
ics
Loca
l Foo
d an
d B
ever
age
Pro
cess
ing
and
Dis
tribu
tion
Loca
l Com
mer
cial
Ser
vice
s
; ISC, Harvard Business School
9Source: State of the Inner City Economies, ICIC
LegendFrench Quarter
Central Business District
Convention Center
New Orleans Inner City
New Orleans Central City
New Orleans MSA
New Orleans Inner CityRoughly one third of jobs in inner city New Orleans are held by inner city residents, more than most inner cities.
10Source: State of the Inner City Economies, ICIC
New Orleans Inner City - ZOOM
1 0 10.5 Miles
5,400
22,000
1,400
Almost 30,000 inner city residents work in the French Quarter,
Central Business District, and around
the Convention Center.
11Source: State of the Inner City Economies, ICIC
-8,700
-1,400-3,000
20,500
9,20011,200
< 20 employees
< 500 employees
> 500 employees
Micro Small* Large
New Orleans-Metairie-Kenner, LA MSA(1995-2002)
< 20 employees
< 500 employees
> 500 employees
Micro Small* Large
Inner City New Orleans(1995-2002)
1.2% 0.8% 2.9%
27% 86%* 14%
85% 99.8%* 0.2%
*Includes Micro
-1.5% -1.2% -0.7%
21% 79%* 21%
83% 99.6%* 0.4%
’02 Share of Employment
’02 Share of Estab.
Job CAGR1995-2002
Small Business
12Source: State of the Inner City Economies, ICIC
RetailSpending
Inner city New Orleans’ 283,000 residents spend roughly $1.8 billion each year on retail goods, with food and clothing comprising half of the total retail expenditure.
54% 51%
25%
13%
11%
0%
20%
40%
60%
80%
100%
Food at home
Food away from home
Other retail
Clothing
Total Income$3.4B
Retail Spending
$1.8B
$926M
$450M
$245M
$204M
Retail Spending
This inner city retail spending
compares favorably with New Orleans’
largest industry, tourism ($5
billion annually).
13Source: State of the Inner City Economies, ICIC
Retail penetration in inner city New Orleans is higher than the 100 inner city average
139
Retail Clothing Jobs per 1,000 Residents (2002)
IC New Orleans 100 inner cities
Retail Food Stores Jobs per 1,000 Residents (2002)
IC New Orleans 100 inner cities
10 8
60
27
Hospitality Establishments per 1,000 Residents (2002)
IC New Orleans 100 inner cities