OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 503.20, Norcross, Georgia
Census Tract 503.20 is a Low-Income CommunityOpportunity Zone located in Norcross, Georgia.
This 1.4 square milecensus tract has a population of approximately 5,900and is one of 3 Opportunity Zones in Gwinnett County.
The adjacent map shows the location of this Opportunity Zone in Georgia.
Census Tract 503.20 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$43K |
This Opportunity Zone has a median household incomeof approximately $43,000, which is 31% lowerthan the median household income for the state of Georgia of $62,000.
Poverty Rate
18% |
The percentage of households below the poverty line in this Opportunity Zone is 18%, which is 5% higherthan the rate for the state of Georgia of 13%.
Median Home Value
$143K |
This Opportunity Zone has a median home valueof approximately $140,000, which is 30% lowerthan the median home value for the state of Georgia of $200,000.
Education
68% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 68%, which is 20% lowerthan the rate for the state of Georgia of 88%.
Median Age
30 |
This Opportunity Zone has a median ageof approximately 30, which is 19% lowerthan the median age for the state of Georgia of 37.
Georgia OZ Funds
There are 14QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Georgiaas a target market. Additional OZ funds may also invest in Georgia; see a complete list of Opportunity Zone Funds here.