OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 9620, Andalusia, Alabama
Census Tract 9620 is a Low-Income CommunityOpportunity Zone located in Andalusia, Alabama.
This 19 square milecensus tract has a population of approximately 3,800and is one of 2 Opportunity Zones in Covington County.
The adjacent map shows the location of this Opportunity Zone in Alabama.
Census Tract 9620 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$35K |
This Opportunity Zone has a median household incomeof approximately $35,000, which is 33% lowerthan the median household income for the state of Alabama of $52,000.
Poverty Rate
20% |
The percentage of households below the poverty line in this Opportunity Zone is 20%, which is 5% higherthan the rate for the state of Alabama of 15%.
Median Home Value
$118K |
This Opportunity Zone has a median home valueof approximately $120,000, which is 20% lowerthan the median home value for the state of Alabama of $150,000.
Education
87% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 87%, which is 0% lowerthan the rate for the state of Alabama of 87%.
Median Age
37 |
This Opportunity Zone has a median ageof approximately 37, which is 5% lowerthan 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.