OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 1, Decatur, Alabama
Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Decatur, Alabama.
This 2 square milecensus tract has a population of approximately 4,100and is the only Opportunity Zone in Morgan County.
The adjacent map shows the location of this Opportunity Zone in Alabama.
Census Tract 1 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$32K |
This Opportunity Zone has a median household incomeof approximately $32,000, which is 38% lowerthan the median household income for the state of Alabama of $52,000.
Poverty Rate
32% |
The percentage of households below the poverty line in this Opportunity Zone is 32%, which is 17% 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
74% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 74%, which is 13% lowerthan the rate for the state of Alabama of 87%.
Median Age
35 |
This Opportunity Zone has a median ageof approximately 35, which is 10% 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.