OZ Pitch Day - June 13, 2024
OZ Pitch Day - June 13, 2024
Census Tract 9511, Wells, Texas
Census Tract 9511 is a Low-Income CommunityOpportunity Zone located in Wells, Texas.
This 92 square milecensus tract has a population of approximately 1,900and is one of 3 Opportunity Zones in Cherokee County.
The adjacent map shows the location of this Opportunity Zone in Texas.
Census Tract 9511 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$40K |
This Opportunity Zone has a median household incomeof approximately $40,000, which is 37% lowerthan the median household income for the state of Texas of $64,000.
Poverty Rate
27% |
The percentage of households below the poverty line in this Opportunity Zone is 27%, which is 13% higherthan the rate for the state of Texas of 14%.
Median Home Value
$120K |
This Opportunity Zone has a median home valueof approximately $120,000, which is 40% lowerthan the median home value for the state of Texas of $200,000.
Education
75% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 75%, which is 10% lowerthan the rate for the state of Texas of 85%.
Median Age
39 |
This Opportunity Zone has a median ageof approximately 39, which is 11% higherthan the median age for the state of Texas of 35.
Texas OZ Funds
There are 30QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Texasas a target market. Additional OZ funds may also invest in Texas; see a complete list of Opportunity Zone Funds here.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Texas properties.