Michael M Stokes | Flooding in Norristown PA from remains of Hurricane Ida. Norristown Riverfront Apartments at DeKalb Street near the Norristown SEPTA station | https://commons.wikimedia.org/wiki/File:Ida_Flooding_Norristown_%284%29.jpg | Creative Commons Attribution 2.0 Generic license. | https://en.wikipedia.org/wiki/Creative_Commons
Data suggests that Hurricane Ida approached the gulf coast at an alarming rate and threatened damaging or destroying nearly one million homes within the region. CoreLogic estimated that the storm threatens approximately 941,392 homes with storm surge damage. CoreLogic also estimated the reconstruction cost value to be approximately $220.37 billion. The areas that are projected to have the highest amount of reconstruction cost value is New Orleans-Metairie, Louisiana, totaling over 394,000 single / multifamily properties with estimated damages over $101.66 billion.
Hurricane Ida will hit this region on the sixteenth anniversary of Hurricane Katrina, the costliest natural disaster in United States history. However, Hurricane Katrina was smaller. It was a category 3 hurricane, whereas Ida is a category 4. Nevertheless, Hurricane Katrina still caused $161 billion in economic loss and killed nearly two thousand people.