OZ Pitch Day - March 23rd
OZ Pitch Day - March 23rd
Census Tract 11, Fairbanks, Alaska
Census Tract 11 is a Low-Income CommunityOpportunity Zone located in Fairbanks, Alaska.
This 1,200 square milecensus tract has a population of approximately 10,000and is one of 3 Opportunity Zones in Fairbanks North Star Borough.
The adjacent map shows the location of this Opportunity Zone in Alaska.
Census Tract 11 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
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Median Household Income
$58K |
This Opportunity Zone has a median household incomeof approximately $58,000, which is 23% lowerthan the median household income for the state of Alaska of $75,000.
Poverty Rate
7.6% |
The percentage of households below the poverty line in this Opportunity Zone is 7.6%, which is 2% lowerthan the rate for the state of Alaska of 10%.
Median Home Value
$0 |
This Opportunity Zone has a median home valueof approximately $0, which is 100% lowerthan the median home value for the state of Alaska of $280,000.
Education
97% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 97%, which is 3% higherthan the rate for the state of Alaska of 94%.
Median Age
23 |
This Opportunity Zone has a median ageof approximately 23, which is 34% lowerthan the median age for the state of Alaska of 35.
Alaska OZ Funds
There is 1QOZ Fundin the OpportunityDb database with an investment objective that specifically identify Alaskaas a target market. Additional OZ funds may also invest in Alaska; see a complete list of Opportunity Zone Funds here.
| Fund Name | Asset Classes | Property Types | Fund Size |
|---|---|---|---|
| PEG Opportunity Zone Impact Investors LP | Real Estate | Hotel, Multi-Famliy Housing, Residential, Retail | $300M |
