OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 15.02, Mobile, Alabama
Census Tract 15.02 is a Low-Income CommunityOpportunity Zone located in Mobile, Alabama.
This 0.3 square milecensus tract has a population of approximately 1,400and is one of 14 Opportunity Zones in Mobile County.
The adjacent map shows the location of this Opportunity Zone in Alabama.
Census Tract 15.02 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$13K |
This Opportunity Zone has a median household incomeof approximately $13,000, which is 75% lowerthan the median household income for the state of Alabama of $52,000.
Poverty Rate
69% |
The percentage of households below the poverty line in this Opportunity Zone is 69%, which is 54% higherthan the rate for the state of Alabama of 15%.
Median Home Value
$80K |
This Opportunity Zone has a median home valueof approximately $80,000, which is 47% lowerthan the median home value for the state of Alabama of $150,000.
Education
67% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 67%, which is 20% lowerthan the rate for the state of Alabama of 87%.
Median Age
23 |
This Opportunity Zone has a median ageof approximately 23, which is 41% 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.