Census Tract 34.02, Mobile, Alabama

Census Tract 34.02 is a Low-Income CommunityOpportunity Zone located in Mobile, Alabama.

This 5.4 square milecensus tract has a population of approximately 4,100and is one of 14 Opportunity Zones in Mobile County.

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

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Census Tract 34.02 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

$34K

This Opportunity Zone has a median household incomeof approximately $34,000, which is 35% lowerthan the median household income for the state of Alabama of $52,000.

Poverty Rate

25%

The percentage of households below the poverty line in this Opportunity Zone is 25%, which is 10% higherthan the rate for the state of Alabama of 15%.

Median Home Value

$78K

This Opportunity Zone has a median home valueof approximately $78,000, which is 48% lowerthan the median home value for the state of Alabama of $150,000.

Education

90%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 90%, which is 3% higherthan the rate for the state of Alabama of 87%.

Median Age

30

This Opportunity Zone has a median ageof approximately 30, which is 23% 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.

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