OZ Pitch Day - Nov 14th
OZ Pitch Day - Nov 14th
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
$38K |
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.
Poverty Rate
29% |
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
$138K |
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.
Education
82% |
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%.
Median Age
35 |
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 |
