Census Tract 803, Lake Village, Arkansas

Census Tract 803 is a Low-Income CommunityOpportunity Zone located in Lake Village, Arkansas.

This 26 square milecensus tract has a population of approximately 2,600and is the only Opportunity Zone in Chicot County.

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

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Census Tract 803 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

$38K

This Opportunity Zone has a median household incomeof approximately $38,000, which is 22% lowerthan the median household income for the state of Arkansas of $49,000.

Poverty Rate

18%

The percentage of households below the poverty line in this Opportunity Zone is 18%, which is 2% higherthan the rate for the state of Arkansas of 16%.

Median Home Value

$66K

This Opportunity Zone has a median home valueof approximately $66,000, which is 53% lowerthan the median home value for the state of Arkansas of $140,000.

Education

85%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 85%, which is 2% lowerthan the rate for the state of Arkansas of 87%.

Median Age

44

This Opportunity Zone has a median ageof approximately 44, which is 13% higherthan the median age for the state of Arkansas of 39.

Arkansas OZ Funds

There are 4QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Arkansasas a target market. Additional OZ funds may also invest in Arkansas; see a complete list of Opportunity Zone Funds here.

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