Our Next Event: Alts Expo - October 4th
Next Event: Alts Expo - Oct 4th
Census Tract 3.02, Lubbock, Texas
Census Tract 3.02 is a Low-Income CommunityOpportunity Zone located in Lubbock, Texas.
This 1.7 square milecensus tract has a population of approximately 7,200and is one of 8 Opportunity Zones in Lubbock County.
The adjacent map shows the location of this Opportunity Zone in Texas.
Census Tract 3.02 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Advertisement
Median Household Income
$27K |
This Opportunity Zone has a median household incomeof approximately $27,000, which is 58% lowerthan the median household income for the state of Texas of $64,000.
Poverty Rate
37% |
The percentage of households below the poverty line in this Opportunity Zone is 37%, which is 23% higherthan the rate for the state of Texas of 14%.
Median Home Value
$58K |
This Opportunity Zone has a median home valueof approximately $58,000, which is 71% lowerthan the median home value for the state of Texas of $200,000.
Education
70% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 70%, which is 15% lowerthan the rate for the state of Texas of 85%.
Median Age
28 |
This Opportunity Zone has a median ageof approximately 28, which is 20% lowerthan 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.
Similar Opportunity Zones
Recent Posts
-
Jimmy Atkinson & Andy Hagans To Speak At University Of Notre Dame’s Real Estate Institute
-
Opportunity Zone Tax Implications For CPAs, With Kirk Walton
-
Industrial Sector Growth In Opportunity Zones, An OZ Pitch Day Panel
-
Single-Tenant Net Lease Funds, With Hannah Kirby
-
Opportunity Zone Interim Gains, Saving Failed 1031s, & Reform Legislation, With Ashley Tison