OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 9505, Tupelo, Mississippi
Census Tract 9505 is a Low-Income CommunityOpportunity Zone located in Tupelo, Mississippi.
This 12 square milecensus tract has a population of approximately 5,900and is one of 5 Opportunity Zones in Lee County.
The adjacent map shows the location of this Opportunity Zone in Mississippi.
Census Tract 9505 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$50K |
This Opportunity Zone has a median household incomeof approximately $50,000, which is 9% higherthan the median household income for the state of Mississippi of $46,000.
Poverty Rate
22% |
The percentage of households below the poverty line in this Opportunity Zone is 22%, which is 2% higherthan the rate for the state of Mississippi of 20%.
Median Home Value
$170K |
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.
Education
86% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 86%, which is 1% higherthan the rate for the state of Mississippi of 85%.
Median Age
33 |
This Opportunity Zone has a median ageof approximately 33, which is 13% 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 |