Multifamily Investor Expo - Feb 15th
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:
Median Household Income
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.
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
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.
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%.
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.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Alaska properties.