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Census Tract 8, Lafayette, Louisiana
Census Tract 8 is a Low-Income CommunityOpportunity Zone located in Lafayette, Louisiana.
This 0.6 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 8 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
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Median Household Income
$22K |
This Opportunity Zone has a median household incomeof approximately $22,000, which is 57% lowerthan the median household income for the state of Louisiana of $51,000.
Poverty Rate
48% |
The percentage of households below the poverty line in this Opportunity Zone is 48%, which is 29% higherthan the rate for the state of Louisiana of 19%.
Median Home Value
$65K |
This Opportunity Zone has a median home valueof approximately $65,000, which is 62% lowerthan the median home value for the state of Louisiana of $170,000.
Education
67% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 67%, which is 19% lowerthan the rate for the state of Louisiana of 86%.
Median Age
29 |
This Opportunity Zone has a median ageof approximately 29, which is 24% 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.
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.
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