Census Tract 7, Lafayette, Louisiana

Census Tract 7 is a Low-Income CommunityOpportunity Zone located in Lafayette, Louisiana.

This 2.6 square milecensus tract has a population of approximately 3,300and is one of 7 Opportunity Zones in Lafayette Parish.

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

Census Tract 7 Demographics

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

Median Household Income

$29K

This Opportunity Zone has a median household incomeof approximately $29,000, which is 43% lowerthan the median household income for the state of Louisiana of $51,000.

Poverty Rate

27%

The percentage of households below the poverty line in this Opportunity Zone is 27%, which is 8% higherthan the rate for the state of Louisiana of 19%.

Median Home Value

$113K

This Opportunity Zone has a median home valueof approximately $110,000, which is 35% lowerthan the median home value for the state of Louisiana of $170,000.

Education

76%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 76%, which is 10% lowerthan the rate for the state of Louisiana of 86%.

Median Age

26

This Opportunity Zone has a median ageof approximately 26, which is 32% lowerthan 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.

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