Census Tract 116, Tuscaloosa, Alabama

Census Tract 116 is a Low-Income CommunityOpportunity Zone located in Tuscaloosa, Alabama.

This 1.9 square milecensus tract has a population of approximately 3,600and is one of 10 Opportunity Zones in Tuscaloosa County.

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

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Census Tract 116 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

$28K

This Opportunity Zone has a median household incomeof approximately $28,000, which is 46% lowerthan the median household income for the state of Alabama of $52,000.

Poverty Rate

33%

The percentage of households below the poverty line in this Opportunity Zone is 33%, which is 18% higherthan the rate for the state of Alabama of 15%.

Median Home Value

$124K

This Opportunity Zone has a median home valueof approximately $120,000, which is 20% 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

32

This Opportunity Zone has a median ageof approximately 32, which is 18% 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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