Census Tract 1, Hollis, Alaska

Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Hollis, Alaska.

This 4,800 square milecensus tract has a population of approximately 2,300and is one of 2 Opportunity Zones in Prince of Wales-Hyder Census Area.

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

$45K

This Opportunity Zone has a median household incomeof approximately $45,000, which is 40% lowerthan the median household income for the state of Alaska of $75,000.

Poverty Rate

21%

The percentage of households below the poverty line in this Opportunity Zone is 21%, which is 11% higherthan the rate for the state of Alaska of 10%.

Median Home Value

$168K

This Opportunity Zone has a median home valueof approximately $170,000, which is 39% lowerthan the median home value for the state of Alaska of $280,000.

Education

89%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 89%, which is 5% lowerthan the rate for the state of Alaska of 94%.

Median Age

46

This Opportunity Zone has a median ageof approximately 46, which is 31% higherthan 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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