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New Orleans in Orleans Parish, LA has 23 HOAs collecting $6,934,980 from 1,141 households. Average Reserve Funding is 47.17% and Average Monthly Payment is $514.
Average Reserve Funding
47.17%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$514
Part of this payment is used to cover operational expenses. The other part is saved in the Reserve Fund to cover future maintenance.
Averages
FindMyHOA
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