Census Tract 56.03, Montgomery, Alabama

Census Tract 56.03 is a Low-Income Community Opportunity Zone located in Montgomery, Alabama .

This 3.8 square mile census tract has a population of approximately 7,100 and is one of 12 Opportunity Zones in Montgomery County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 56.03 Demographics

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

Median Household Income

$29K

This Opportunity Zone has a median household income of approximately $29,000 , which is 44% lower than the median household income for the state of Alabama of $52,000 .

Poverty Rate

34%

The percentage of households below the poverty line in this Opportunity Zone is 34% , which is 19% higher than the rate for the state of Alabama of 15% .

Median Home Value

$76K

This Opportunity Zone has a median home value of approximately $76,000 , which is 49% lower than the median home value for the state of Alabama of $150,000 .

Education

74%

This Opportunity Zone has a percentage of population with high school diploma of approximately 74% , which is 13% lower than the rate for the state of Alabama of 87% .

Median Age

28

This Opportunity Zone has a median age of approximately 28 , which is 28% lower than the median age for the state of Alabama of 39 .

Alabama OZ Funds

To view Alabama Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.

Similar Opportunity Zones

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