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Census Tract 5, Houma, Louisiana
Census Tract 5 is a Low-Income CommunityOpportunity Zone located in Houma, Louisiana.
This 7.2 square milecensus tract has a population of approximately 5,500and is one of 2 Opportunity Zones in Terrebonne Parish.
The adjacent map shows the location of this Opportunity Zone in Louisiana.
Census Tract 5 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 $38,000, which is 25% lowerthan the median household income for the state of Louisiana of $51,000.
The percentage of households below the poverty line in this Opportunity Zone is 29%, which is 10% higherthan the rate for the state of Louisiana of 19%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $140,000, which is 18% lowerthan the median home value for the state of Louisiana of $170,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 82%, which is 4% lowerthan the rate for the state of Louisiana of 86%.
This Opportunity Zone has a median ageof approximately 35, which is 8% 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.