OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
List of Rhode Island Opportunity Zones & OZ Funds
The state of Rhode Island has 25 designated Opportunity Zones, including 25 low-income communities plus 0 non-low-income contiguous tracts.
The adjacent map shows all Opportunity Zones in Rhode Island. Click on any Opportunity Zone for additional information.
Rhode Island OZ Funds
There are QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Rhode Islandas a target market. Additional OZ funds may also invest in Rhode Island; see a complete list of Opportunity Zone Funds here.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Rhode Island properties.
List of All Rhode Island OZs
The table below lists all 25Opportunity Zones in Rhode Island. The first two rows reflect average values for the state of Rhode Islandand the Opportunity Zones in the state.
| Name | County | Median Household Income | Below Poverty Line | Median Home Value | Edu High School | Median Age |
|---|---|---|---|---|---|---|
| All of Rhode Island | n/a | $71K | 11% | $283K | 89% | 40 |
| Rhode Island OZ Average | n/a | $42K | 24% | $222K | 82% | 36 |
| 44001030500 | Bristol | $43K | 18% | $239K | 86% | 43 |
| 44001030700 | Bristol | $58K | 21% | $344K | 86% | 41 |
| 44003020200 | Kent | $44K | 12% | $186K | 91% | 38 |
| 44005040500 | Newport | $39K | 19% | $277K | 86% | 32 |
| 44007000101 | Providence | $39K | 29% | $204K | 80% | 23 |
| 44007000200 | Providence | $40K | 31% | $217K | 80% | 28 |
| 44007000600 | Providence | $36K | 32% | $177K | 78% | 29 |
| 44007000800 | Providence | $35K | 37% | $386K | 86% | 26 |
| 44007001900 | Providence | $31K | 30% | $172K | 76% | 30 |
| 44007002500 | Providence | $62K | 15% | $178K | 93% | 33 |
| 44007010400 | Providence | $51K | 15% | $202K | 81% | 38 |
| 44007011100 | Providence | $30K | 33% | $142K | 78% | 38 |
| 44007011200 | Providence | $58K | 11% | $208K | 78% | 46 |
| 44007011800 | Providence | $47K | 19% | $198K | 88% | 38 |
| 44007014700 | Providence | $42K | 21% | $192K | 84% | 33 |
| 44007015100 | Providence | $36K | 24% | $192K | 66% | 35 |
| 44007015200 | Providence | $13K | 46% | $150K | 55% | 52 |
| 44007016100 | Providence | $42K | 25% | $216K | 77% | 31 |
| 44007016700 | Providence | $48K | 15% | $170K | 86% | 34 |
| 44007017900 | Providence | $32K | 34% | $127K | 80% | 37 |
| 44007018000 | Providence | $25K | 34% | $98K | 67% | 40 |
| 44007018500 | Providence | $55K | 12% | $192K | 86% | 49 |
| 44009050801 | Washington | $45K | 16% | $263K | 93% | 40 |
| 44009051400 | Washington | $56K | 30% | $329K | 89% | 20 |
| 44009051504 | Washington | $50K | 19% | $495K | 98% | 51 |
Rhode Island OZs by City
The table below lists all cities in Rhode Island with at least one Opportunity Zone. Click on any city name for additional information about each OZ.
| City | Number of OZs | Median Household Income | Below Poverty Line | Median Home Value | Edu High School | Median Age |
|---|---|---|---|---|---|---|
| Bristol | 1 | $58K | 21% | $344K | 86% | 41 |
| Central Falls | 1 | $30K | 33% | $142K | 78% | 38 |
| Cranston | 1 | $42K | 21% | $192K | 84% | 33 |
| East Providence | 1 | $51K | 15% | $202K | 81% | 38 |
| Kingston | 1 | $56K | 30% | $329K | 89% | 20 |
| Narragansett Pier | 1 | $50K | 19% | $495K | 98% | 51 |
| Newport | 1 | $39K | 19% | $277K | 86% | 32 |
| Pawtucket | 5 | $37K | 26% | $185K | 75% | 38 |
| Providence | 6 | $41K | 29% | $222K | 82% | 28 |
| Valley Falls | 1 | $58K | 11% | $208K | 78% | 46 |
| Warren | 1 | $43K | 18% | $239K | 86% | 43 |
| Warwick | 1 | $44K | 12% | $186K | 91% | 38 |
| Westerly | 1 | $45K | 16% | $263K | 93% | 40 |
| Woonsocket | 3 | $37K | 26% | $139K | 78% | 42 |
Rhode Island OZs by County
The table below lists all counties in Rhode Island with at least one Opportunity Zone. Click on any county name for additional information about each OZ.
| County | Number of OZs | Median Household Income | Below Poverty Line | Median Home Value | Edu High School | Median Age |
|---|---|---|---|---|---|---|
| Bristol | 2 | $50K | 20% | $292K | 86% | 42 |
| Kent | 1 | $44K | 12% | $186K | 91% | 38 |
| Newport | 1 | $39K | 19% | $277K | 86% | 32 |
| Providence | 18 | $40K | 26% | $190K | 79% | 36 |
| Washington | 3 | $50K | 22% | $362K | 93% | 37 |
Rhode Island OZs vs. Other States
The charts below show how Rhode Island’s Opportunity Zones compare to OZs in other states. All values are averages for Opportunity Zones only:
Best Rhode Island OZs
The charts below show the Rhode Island Opportunity Zones with the highest and lowest values for various socioeconomic indicators, along with the average values for all OZs in the state, all OZs nationwide, and all of Rhode Island.