Census Tract 7 is a Low-Income CommunityOpportunity Zone located in Meridian, Mississippi.
This 4.2 square milecensus tract has a population of approximately 4,100and is one of 2 Opportunity Zones in Lauderdale County.
The adjacent map shows the location of this Opportunity Zone in Mississippi.
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
This Opportunity Zone has a median household incomeof approximately $21,000, which is 54% lowerthan 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 49%, which is 29% higherthan the rate for the state of Mississippi of 20%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $55,000, which is 58% lowerthan 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 69%, which is 16% lowerthan the rate for the state of Mississippi of 85%.
This Opportunity Zone has a median ageof approximately 28, which is 26% 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.