OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 115.02, Foley, Alabama
Census Tract 115.02 is a Low-Income CommunityOpportunity Zone located in Foley, Alabama.
This 20 square milecensus tract has a population of approximately 13,000and is one of 6 Opportunity Zones in Baldwin County.
The adjacent map shows the location of this Opportunity Zone in Alabama.
Census Tract 115.02 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$44K |
This Opportunity Zone has a median household incomeof approximately $44,000, which is 15% lowerthan the median household income for the state of Alabama of $52,000.
Poverty Rate
12% |
The percentage of households below the poverty line in this Opportunity Zone is 12%, which is 3% lowerthan the rate for the state of Alabama of 15%.
Median Home Value
$180K |
This Opportunity Zone has a median home valueof approximately $180,000, which is 20% higherthan the median home value for the state of Alabama of $150,000.
Education
84% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 84%, which is 3% lowerthan the rate for the state of Alabama of 87%.
Median Age
40 |
This Opportunity Zone has a median ageof approximately 40, which is 3% higherthan the median age for the state of Alabama of 39.
Alabama OZ Funds
There are 8QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Alabamaas a target market. Additional OZ funds may also invest in Alabama; see a complete list of Opportunity Zone Funds here.