OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 8, Birmingham, Alabama
Census Tract 8 is a Low-Income CommunityOpportunity Zone located in Birmingham, Alabama.
This 3.9 square milecensus tract has a population of approximately 3,200and is one of 28 Opportunity Zones in Jefferson County.
The adjacent map shows the location of this Opportunity Zone in Alabama.
Census Tract 8 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$24K |
This Opportunity Zone has a median household incomeof approximately $24,000, which is 54% lowerthan the median household income for the state of Alabama of $52,000.
Poverty Rate
42% |
The percentage of households below the poverty line in this Opportunity Zone is 42%, which is 27% higherthan the rate for the state of Alabama of 15%.
Median Home Value
$58K |
This Opportunity Zone has a median home valueof approximately $58,000, which is 61% lowerthan 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
49 |
This Opportunity Zone has a median ageof approximately 49, which is 26% 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.