Census Tract 3, Fort Smith, Arkansas

Census Tract 3 is a Low-Income CommunityOpportunity Zone located in Fort Smith, Arkansas.

This 2.5 square milecensus tract has a population of approximately 2,300and is one of 3 Opportunity Zones in Sebastian County.

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

Census Tract 3 Demographics

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

Advertisement

Median Household Income

$35K

This Opportunity Zone has a median household incomeof approximately $35,000, which is 29% lowerthan the median household income for the state of Arkansas of $49,000.

Poverty Rate

27%

The percentage of households below the poverty line in this Opportunity Zone is 27%, which is 11% higherthan the rate for the state of Arkansas of 16%.

Median Home Value

$67K

This Opportunity Zone has a median home valueof approximately $67,000, which is 52% lowerthan the median home value for the state of Arkansas of $140,000.

Education

75%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 75%, which is 12% lowerthan the rate for the state of Arkansas of 87%.

Median Age

33

This Opportunity Zone has a median ageof approximately 33, which is 15% lowerthan 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.

Similar Opportunity Zones

Archives

Categories