OZ Pitch Day - June 13, 2024
OZ Pitch Day - June 13, 2024
Census Tract 9505, Raton, New Mexico
Census Tract 9505 is a Low-Income CommunityOpportunity Zone located in Raton, New Mexico.
This 840 square milecensus tract has a population of approximately 3,700and is the only Opportunity Zone in Colfax County.
The adjacent map shows the location of this Opportunity Zone in New Mexico.
Census Tract 9505 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$35K |
This Opportunity Zone has a median household incomeof approximately $35,000, which is 33% lowerthan the median household income for the state of New Mexico of $52,000.
Poverty Rate
17% |
The percentage of households below the poverty line in this Opportunity Zone is 17%, which is 1% lowerthan the rate for the state of New Mexico of 18%.
Median Home Value
$89K |
This Opportunity Zone has a median home valueof approximately $89,000, which is 51% lowerthan the median home value for the state of New Mexico of $180,000.
Education
88% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 88%, which is 2% higherthan the rate for the state of New Mexico of 86%.
Median Age
54 |
This Opportunity Zone has a median ageof approximately 54, which is 38% higherthan the median age for the state of New Mexico of 39.
New Mexico OZ Funds
There are 3QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify New Mexicoas a target market. Additional OZ funds may also invest in New Mexico; see a complete list of Opportunity Zone Funds here.
Fund Name | Asset Classes | Property Types | Fund Size |
---|---|---|---|
Clearinghouse CDFI Opportunity Fund | Real Estate | $25M | |
Maxus Opportunity Fund I | Real Estate | Commercial, Residential | $500M |
PEG Opportunity Zone Impact Investors LP | Real Estate | Hotel, Multi-Famliy Housing, Residential, Retail | $300M |
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on New Mexico properties.