OZ Pitch Day - June 13, 2024
OZ Pitch Day - June 13, 2024
Census Tract 102, Grand Forks, North Dakota
Census Tract 102 is a Low-Income CommunityOpportunity Zone located in Grand Forks, North Dakota.
This 0.9 square milecensus tract has a population of approximately 3,600and is one of 3 Opportunity Zones in Grand Forks County.
The adjacent map shows the location of this Opportunity Zone in North Dakota.
Census Tract 102 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$53K |
This Opportunity Zone has a median household incomeof approximately $53,000, which is 18% lowerthan the median household income for the state of North Dakota of $65,000.
Poverty Rate
15% |
The percentage of households below the poverty line in this Opportunity Zone is 15%, which is 4% higherthan the rate for the state of North Dakota of 11%.
Median Home Value
$161K |
This Opportunity Zone has a median home valueof approximately $160,000, which is 24% lowerthan the median home value for the state of North Dakota of $210,000.
Education
98% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 98%, which is 5% higherthan the rate for the state of North Dakota of 93%.
Median Age
32 |
This Opportunity Zone has a median ageof approximately 32, which is 11% lowerthan the median age for the state of North Dakota of 36.
North Dakota OZ Funds
There is 1QOZ Fundin the OpportunityDb database with an investment objective that specifically identify North Dakotaas a target market. Additional OZ funds may also invest in North Dakota; see a complete list of Opportunity Zone Funds here.
Fund Name | Asset Classes | Property Types | Fund Size |
---|---|---|---|
Connect UP! Integrated Capital Fund | Business, Real Estate | Affordable Housing, Commercial, Infrastructure, Residential, Workforce Housing | $50M |
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on North Dakota properties.