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:
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Median Household Income
$25K |
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.
Poverty Rate
32% |
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
$73K |
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.
Education
77% |
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%.
Median Age
47 |
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.
