Census Tract 1, Red Dog Mine, Alaska

Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Red Dog Mine, Alaska.

This 35,000 square milecensus tract has a population of approximately 4,400and is the only Opportunity Zone in Northwest Arctic Borough.

The adjacent map shows the location of this Opportunity Zone in Alaska.

Census Tract 1 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

$42K

This Opportunity Zone has a median household incomeof approximately $42,000, which is 44% lowerthan the median household income for the state of Alaska of $75,000.

Poverty Rate

32%

The percentage of households below the poverty line in this Opportunity Zone is 32%, which is 22% higherthan the rate for the state of Alaska of 10%.

Median Home Value

$96K

This Opportunity Zone has a median home valueof approximately $96,000, which is 66% lowerthan the median home value for the state of Alaska of $280,000.

Education

77%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 77%, which is 17% lowerthan the rate for the state of Alaska of 94%.

Median Age

26

This Opportunity Zone has a median ageof approximately 26, which is 26% 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

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