OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 9623, Alexander City, Alabama
Census Tract 9623 is a Low-Income CommunityOpportunity Zone located in Alexander City, Alabama.
This 64 square milecensus tract has a population of approximately 6,300and is the only Opportunity Zone in Tallapoosa County.
The adjacent map shows the location of this Opportunity Zone in Alabama.
Census Tract 9623 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$52K |
This Opportunity Zone has a median household incomeof approximately $52,000, which is 0% lowerthan the median household income for the state of Alabama of $52,000.
Poverty Rate
11% |
The percentage of households below the poverty line in this Opportunity Zone is 11%, which is 4% lowerthan the rate for the state of Alabama of 15%.
Median Home Value
$102K |
This Opportunity Zone has a median home valueof approximately $100,000, which is 33% lowerthan the median home value for the state of Alabama of $150,000.
Education
77% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 77%, which is 10% lowerthan the rate for the state of Alabama of 87%.
Median Age
47 |
This Opportunity Zone has a median ageof approximately 47, which is 21% higherthan 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.