OZ Pitch Day - June 13, 2024
Days
Hrs
Mins
Secs
OZ Pitch Day - June 13, 2024
Census Tract 302, Phenix City, Alabama
Census Tract 302 is a Low-Income CommunityOpportunity Zone located in Phenix City, Alabama.
This 0.6 square milecensus tract has a population of approximately 2,100and is the only Opportunity Zone in Russell County.
The adjacent map shows the location of this Opportunity Zone in Alabama.
Census Tract 302 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$27K |
This Opportunity Zone has a median household incomeof approximately $27,000, which is 48% lowerthan the median household income for the state of Alabama of $52,000.
Poverty Rate
41% |
The percentage of households below the poverty line in this Opportunity Zone is 41%, which is 26% higherthan the rate for the state of Alabama of 15%.
Median Home Value
$73K |
This Opportunity Zone has a median home valueof approximately $73,000, which is 51% lowerthan the median home value for the state of Alabama of $150,000.
Education
72% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 72%, which is 15% lowerthan the rate for the state of Alabama of 87%.
Median Age
29 |
This Opportunity Zone has a median ageof approximately 29, which is 26% 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.