OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 407, Auburn, Alabama
Census Tract 407 is a Low-Income CommunityOpportunity Zone located in Auburn, Alabama.
This 2.2 square milecensus tract has a population of approximately 5,300and is one of 7 Opportunity Zones in Lee County.
The adjacent map shows the location of this Opportunity Zone in Alabama.
Census Tract 407 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$14K |
This Opportunity Zone has a median household incomeof approximately $14,000, which is 73% lowerthan the median household income for the state of Alabama of $52,000.
Poverty Rate
84% |
The percentage of households below the poverty line in this Opportunity Zone is 84%, which is 69% 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
93% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 93%, which is 6% higherthan the rate for the state of Alabama of 87%.
Median Age
20 |
This Opportunity Zone has a median ageof approximately 20, which is 49% 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.