Multifamily Investor Expo - Feb 15th
Census Tract 4804, Sparta, Georgia
Census Tract 4804 is a Low-Income CommunityOpportunity Zone located in Sparta, Georgia.
This 300 square milecensus tract has a population of approximately 6,600and is the only Opportunity Zone in Hancock County.
The adjacent map shows the location of this Opportunity Zone in Georgia.
Census Tract 4804 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
This Opportunity Zone has a median household incomeof approximately $30,000, which is 52% lowerthan the median household income for the state of Georgia of $62,000.
The percentage of households below the poverty line in this Opportunity Zone is 26%, which is 13% higherthan the rate for the state of Georgia of 13%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $79,000, which is 60% lowerthan the median home value for the state of Georgia of $200,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 70%, which is 18% lowerthan the rate for the state of Georgia of 88%.
This Opportunity Zone has a median ageof approximately 41, which is 11% higherthan 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.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Georgia properties.