Census Tract 9703.01, Franklin, North Carolina

Census Tract 9703.01 is a Low-Income CommunityOpportunity Zone located in Franklin, North Carolina.

This 6.8 square milecensus tract has a population of approximately 4,000and is the only Opportunity Zone in Macon County.

The adjacent map shows the location of this Opportunity Zone in North Carolina.

Census Tract 9703.01 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

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Median Household Income

$37K

This Opportunity Zone has a median household incomeof approximately $37,000, which is 35% lowerthan the median household income for the state of North Carolina of $57,000.

Poverty Rate

23%

The percentage of households below the poverty line in this Opportunity Zone is 23%, which is 9% higherthan the rate for the state of North Carolina of 14%.

Median Home Value

$120K

This Opportunity Zone has a median home valueof approximately $120,000, which is 37% lowerthan the median home value for the state of North Carolina of $190,000.

Education

85%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 85%, which is 4% lowerthan the rate for the state of North Carolina of 89%.

Median Age

48

This Opportunity Zone has a median ageof approximately 48, which is 23% higherthan the median age for the state of North Carolina of 39.

North Carolina OZ Funds

There are 17QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify North Carolinaas a target market. Additional OZ funds may also invest in North Carolina; see a complete list of Opportunity Zone Funds here.

Fund Name Asset Classes Property Types Fund Size
Allagash Opportunity Zone CRE Fund I Real Estate Affordable Housing, Residential, Workforce Housing $300M
Blueprint Southeast OZ Fund Real Estate Mixed-Use, Multi-Family Housing, Office $25M
Cabretta OZ HPP, LLC Real Estate Hotel $10M
Carolina Opportunity Fund Real Estate
Community Outcome Fund Business, Real Estate Commercial, Infrastructure, Mixed-Use, Residential $500M
Driftwood Qualified Opportunity Fund I, LLC Real Estate Hotel $26M
GTIS Qualified Opportunity Fund Real Estate Industrial, Multi-Family Housing, Residential, Single-Family Housing, Student Housing, Warehouse $350M
IMPACT Carolina QOZ Fund Business $20M
Javelin 19 Investments Business, Real Estate Mixed-Use, Residential, Student Housing
Maxus Opportunity Fund I Real Estate Commercial, Residential $500M
Origin Investments QOZ Fund Real Estate Commercial, Residential $200M
PICOZ Fund I Real Estate Mixed-Use, Multi-Family Housing, Residential, Single-Family Housing $100M
PrimeCore OpZone Fund III, LP Real Estate Commercial, Mixed-Use, Multi-Family Housing, Office, Residential $20M
Revolution Wealth Opportunity Zone Fund Business, Real Estate Energy Development, Infrastructure, Mixed-Use $6B
Rivermont Enterprise Emergent Communities Fund Business, Real Estate Affordable Housing, Commercial, Hotel, Mixed-Use, Residential, Student Housing, Workforce Housing $250M
Strategic Rivermont OZ Fund, LLC Real Estate Commercial, Energy Development, Hotel, Mixed-Use, Residential, Stadiums and Arenas, Student Housing $100M
Woodforest CEI-Boulos Opportunity Fund Real Estate Workforce Housing $22M

Similar Opportunity Zones

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