OZ Pitch Day - March 7, 2024
OZ Pitch Day - March 7, 2024
Census Tract 4, Lake Charles, Louisiana
Census Tract 4 is a Low-Income CommunityOpportunity Zone located in Lake Charles, Louisiana.
This 0.4 square milecensus tract has a population of approximately 1,000and is one of 5 Opportunity Zones in Calcasieu Parish.
The adjacent map shows the location of this Opportunity Zone in Louisiana.
Census Tract 4 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$18K |
This Opportunity Zone has a median household incomeof approximately $18,000, which is 65% lowerthan the median household income for the state of Louisiana of $51,000.
Poverty Rate
34% |
The percentage of households below the poverty line in this Opportunity Zone is 34%, which is 15% higherthan the rate for the state of Louisiana of 19%.
Median Home Value
$87K |
This Opportunity Zone has a median home valueof approximately $87,000, which is 49% lowerthan the median home value for the state of Louisiana of $170,000.
Education
75% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 75%, which is 11% lowerthan the rate for the state of Louisiana of 86%.
Median Age
52 |
This Opportunity Zone has a median ageof approximately 52, which is 37% higherthan the median age for the state of Louisiana of 38.
Louisiana OZ Funds
There are 6QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Louisianaas a target market. Additional OZ funds may also invest in Louisiana; see a complete list of Opportunity Zone Funds here.
Fund Name | Asset Classes | Property Types | Fund Size |
---|---|---|---|
Community Outcome Fund | Business, Real Estate | Commercial, Infrastructure, Mixed-Use, Residential | $500M |
Elite Opportunity Fund, Inc. | Business | Energy Development | $250M |
Maxus Opportunity Fund I | Real Estate | Commercial, Residential | $500M |
NORF 4 Opportunity Zone Fund | Commercial, Mixed-Use, Multi-Family Housing, Residential, Student Housing, Workforce Housing | $50M | |
Peachtree Hotel Group | Real Estate | Hotel | $100M |
Woodforest CEI-Boulos Opportunity Fund | Real Estate | Workforce Housing | $22M |
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Louisiana properties.