OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
List of Rapid City, South Dakota Opportunity Zones & OZ Funds
The city of Rapid City, South Dakotahas 3 designated Opportunity Zones.
In total these Opportunity Zones have a population of approximately 12,000. That represents 16% of the city’s total population of 77,000.
The median household incomefor Rapid City Opportunity Zones ranges from approximately $24,000 to $35,000.
The adjacent map shows all Opportunity Zones in Rapid City. Click on any Opportunity Zone for additional information.
List of All Rapid City OZs
The table below lists all 3Opportunity Zones in Rapid City. The first two rows reflect average values for the state of South Dakotaand the Opportunity Zones in the state.
| Name | County | Median Household Income | Below Poverty Line | Median Home Value | Edu High School | Median Age |
|---|---|---|---|---|---|---|
| All of South Dakota | n/a | $60K | 12% | $185K | 92% | 38 |
| South Dakota OZ Average | n/a | $30K | 30% | $97K | 84% | 31 |
| 46103010200 | Pennington | $32K | 26% | $119K | 87% | 34 |
| 46103010400 | Pennington | $35K | 31% | $107K | 86% | 35 |
| 46103010500 | Pennington | $24K | 33% | $66K | 80% | 25 |
South Dakota OZ Funds
There are 2QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify South Dakotaas a target market. Additional OZ funds may also invest in South 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 |
| Elite Opportunity Fund, Inc. | Business | Energy Development | $250M |