Census Tract 301, Vernon, Alabama

Census Tract 301 is a Low-Income CommunityOpportunity Zone located in Vernon, Alabama.

This 190 square milecensus tract has a population of approximately 5,500and is the only Opportunity Zone in Lamar County.

The adjacent map shows the location of this Opportunity Zone in Alabama.

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Census Tract 301 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

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Median Household Income

$41K

This Opportunity Zone has a median household incomeof approximately $41,000, which is 21% lowerthan the median household income for the state of Alabama of $52,000.

Poverty Rate

19%

The percentage of households below the poverty line in this Opportunity Zone is 19%, which is 4% higherthan the rate for the state of Alabama of 15%.

Median Home Value

$84K

This Opportunity Zone has a median home valueof approximately $84,000, which is 44% lowerthan the median home value for the state of Alabama of $150,000.

Education

85%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 85%, which is 2% lowerthan the rate for the state of Alabama of 87%.

Median Age

44

This Opportunity Zone has a median ageof approximately 44, which is 13% 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.

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