Census Tract 29, Montgomery, Alabama

Census Tract 29 is a Low-Income CommunityOpportunity Zone located in Montgomery, Alabama.

This 1.9 square milecensus tract has a population of approximately 7,800and is one of 12 Opportunity Zones in Montgomery County.

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

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Census Tract 29 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

$37K

This Opportunity Zone has a median household incomeof approximately $37,000, which is 29% lowerthan the median household income for the state of Alabama of $52,000.

Poverty Rate

27%

The percentage of households below the poverty line in this Opportunity Zone is 27%, which is 12% higherthan the rate for the state of Alabama of 15%.

Median Home Value

$93K

This Opportunity Zone has a median home valueof approximately $93,000, which is 38% lowerthan the median home value for the state of Alabama of $150,000.

Education

87%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 87%, which is 0% lowerthan the rate for the state of Alabama of 87%.

Median Age

34

This Opportunity Zone has a median ageof approximately 34, which is 13% 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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