Census Tract 305 is a Low-Income CommunityOpportunity Zone located in Canton, Mississippi.
This 3.8 square milecensus tract has a population of approximately 6,700and is one of 3 Opportunity Zones in Madison County.
The adjacent map shows the location of this Opportunity Zone in Mississippi.
Census Tract 305 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 $26,000, which is 43% 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 37%, which is 17% higherthan the rate for the state of Mississippi of 20%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $100,000, which is 23% 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 71%, which is 14% lowerthan the rate for the state of Mississippi of 85%.
This Opportunity Zone has a median ageof approximately 30, which is 21% 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.