Multifamily Investor Expo - Feb 15th
Census Tract 8, Hattiesburg, Mississippi
Census Tract 8 is a Low-Income CommunityOpportunity Zone located in Hattiesburg, Mississippi.
This 3.6 square milecensus tract has a population of approximately 5,900and is one of 6 Opportunity Zones in Forrest County.
The adjacent map shows the location of this Opportunity Zone in Mississippi.
Census Tract 8 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 $56,000, which is 22% higherthan the median household income for the state of Mississippi of $46,000.
The percentage of households below the poverty line in this Opportunity Zone is 13%, which is 7% lowerthan the rate for the state of Mississippi of 20%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $170,000, which is 31% higherthan the median home value for the state of Mississippi of $130,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 94%, which is 9% higherthan the rate for the state of Mississippi of 85%.
This Opportunity Zone has a median ageof approximately 35, which is 8% lowerthan the median age for the state of Mississippi of 38.
Mississippi OZ Funds
There are 4QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Mississippias a target market. Additional OZ funds may also invest in Mississippi; see a complete list of Opportunity Zone Funds here.
|Fund Name||Asset Classes||Property Types||Fund Size|
|Maxus Opportunity Fund I||Real Estate||Commercial, Residential||$500M|
|Peachtree Hotel Group||Real Estate||Hotel||$100M|
|Revolution Wealth Opportunity Zone Fund||Business, Real Estate||Energy Development, Infrastructure, Mixed-Use||$6B|
|Woodforest CEI-Boulos Opportunity Fund||Real Estate||Workforce Housing||$22M|
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Mississippi properties.