OZ Pitch Day - March 7, 2024
OZ Pitch Day - March 7, 2024
Census Tract 9705, Lake City, Florida
Census Tract 9705 is a Low-Income CommunityOpportunity Zone located in Lake City, Florida.
This 190 square milecensus tract has a population of approximately 8,400and is one of 2 Opportunity Zones in Suwannee County.
The adjacent map shows the location of this Opportunity Zone in Florida.
Census Tract 9705 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$51K |
This Opportunity Zone has a median household incomeof approximately $51,000, which is 14% lowerthan the median household income for the state of Florida of $59,000.
Poverty Rate
15% |
The percentage of households below the poverty line in this Opportunity Zone is 15%, which is 2% higherthan the rate for the state of Florida of 13%.
Median Home Value
$108K |
This Opportunity Zone has a median home valueof approximately $110,000, which is 56% lowerthan the median home value for the state of Florida of $250,000.
Education
81% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 81%, which is 7% lowerthan the rate for the state of Florida of 88%.
Median Age
47 |
This Opportunity Zone has a median ageof approximately 47, which is 12% higherthan the median age for the state of Florida of 42.
Florida OZ Funds
There are 22QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Floridaas a target market. Additional OZ funds may also invest in Florida; see a complete list of Opportunity Zone Funds here.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Florida properties.