OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 505, Blountsville, Alabama
Census Tract 505 is a Low-Income CommunityOpportunity Zone located in Blountsville, Alabama.
This 96 square milecensus tract has a population of approximately 7,800and is the only Opportunity Zone in Blount County.
The adjacent map shows the location of this Opportunity Zone in Alabama.
Census Tract 505 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$49K |
This Opportunity Zone has a median household incomeof approximately $49,000, which is 6% lowerthan the median household income for the state of Alabama of $52,000.
Poverty Rate
13% |
The percentage of households below the poverty line in this Opportunity Zone is 13%, which is 2% lowerthan the rate for the state of Alabama of 15%.
Median Home Value
$142K |
This Opportunity Zone has a median home valueof approximately $140,000, which is 7% lowerthan the median home value for the state of Alabama of $150,000.
Education
83% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 83%, which is 4% 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.