Multifamily Investor Expo - Feb 15th
Census Tract 5, Paris, Texas
Census Tract 5 is a Low-Income CommunityOpportunity Zone located in Paris, Texas.
This 7.8 square milecensus tract has a population of approximately 3,600and is one of 5 Opportunity Zones in Lamar County.
The adjacent map shows the location of this Opportunity Zone in Texas.
Census Tract 5 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 $25,000, which is 61% lowerthan the median household income for the state of Texas of $64,000.
The percentage of households below the poverty line in this Opportunity Zone is 32%, which is 18% higherthan the rate for the state of Texas of 14%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $73,000, which is 63% lowerthan the median home value for the state of Texas of $200,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 77%, which is 8% lowerthan the rate for the state of Texas of 85%.
This Opportunity Zone has a median ageof approximately 47, which is 34% higherthan the median age for the state of Texas of 35.
Texas OZ Funds
There are 30QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Texasas a target market. Additional OZ funds may also invest in Texas; see a complete list of Opportunity Zone Funds here.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Texas properties.