Census Tract 124.05, Tuscaloosa, Alabama

Census Tract 124.05 is a Low-Income CommunityOpportunity Zone located in Tuscaloosa, Alabama.

This 2 square milecensus tract has a population of approximately 6,200and is one of 10 Opportunity Zones in Tuscaloosa County.

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

Census Tract 124.05 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

Median Household Income

$34K

This Opportunity Zone has a median household incomeof approximately $34,000, which is 35% 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

$132K

This Opportunity Zone has a median home valueof approximately $130,000, which is 13% lowerthan the median home value for the state of Alabama of $150,000.

Education

94%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 94%, which is 7% higherthan the rate for the state of Alabama of 87%.

Median Age

31

This Opportunity Zone has a median ageof approximately 31, which is 21% 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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