Census Tract 3191.04, Tempe, Arizona

Census Tract 3191.04 is a Low-Income CommunityOpportunity Zone located in Tempe, Arizona.

This 0.5 square milecensus tract has a population of approximately 7,200and is one of 85 Opportunity Zones in Maricopa County.

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

Census Tract 3191.04 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

$29K

This Opportunity Zone has a median household incomeof approximately $29,000, which is 53% lowerthan the median household income for the state of Arizona of $62,000.

Poverty Rate

43%

The percentage of households below the poverty line in this Opportunity Zone is 43%, which is 30% higherthan the rate for the state of Arizona of 13%.

Median Home Value

$177K

This Opportunity Zone has a median home valueof approximately $180,000, which is 31% lowerthan the median home value for the state of Arizona of $260,000.

Education

93%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 93%, which is 5% higherthan the rate for the state of Arizona of 88%.

Median Age

25

This Opportunity Zone has a median ageof approximately 25, which is 34% lowerthan the median age for the state of Arizona of 38.

Arizona OZ Funds

There are 20QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Arizonaas a target market. Additional OZ funds may also invest in Arizona; see a complete list of Opportunity Zone Funds here.

Fund Name Asset Classes Property Types Fund Size
Caliber Tax Advantaged Opportunity Zone Fund Premium Listing Real Estate Affordable Housing, Hotel, Mixed-Use, Residential, Student Housing $500M
Phoenix Opportunity Zone Fund Premium Listing Real Estate Mixed-Use $100M
Starpoint Opportunity Zone Fund Premium Listing Real Estate Industrial, Mixed-Use, Multi-Family Housing $100M
Agora Realty Opportunity Zone Fund Real Estate Industrial, Multi-Family Housing $50M
Arizona Opportunity Zone Fund LLC Real Estate Industrial, Multi-Family Housing
Clearinghouse CDFI Opportunity Fund Real Estate $25M
Derby RR OZ LP Real Estate Commercial, Mixed-Use, Multi-Family Housing, Parking, Residential $30M
GTIS Qualified Opportunity Fund Real Estate Industrial, Multi-Family Housing, Residential, Single-Family Housing, Student Housing, Warehouse $350M
Milhaus QOZ Fund V Real Estate Commercial, Multi-Family Housing $177M
Origin Investments QOZ Fund Real Estate Commercial, Residential $200M
Peachtree Hotel Group Real Estate Hotel $100M
PEG Opportunity Zone Impact Investors LP Real Estate Hotel, Multi-Famliy Housing, Residential, Retail $300M
PEG OZ Investors 2021 Real Estate Hotel, Multi-Family Housing $50M
PICOZ Fund I Real Estate Mixed-Use, Multi-Family Housing, Residential, Single-Family Housing $100M
Solace of Ballpark Village – Goodyear, AZ Real Estate Multi-Family Housing $13M
Southern US RE QOF, LP Real Estate Mixed-Use, Senior Housing $40M
Sundance Bay Qualified Opportunity Zone Fund I Real Estate Mixed-Use, Multi-Family Housing, Residential $100M
The Fund of OZ Fund Business, Real Estate Affordable Housing, Mixed-Use
Virtua Hospitality Opportunity Zone Fund I Real Estate Hotel $200M
Virtua Opportunity Zone Fund I Real Estate Hotel, Industrial, Office, Residential $200M

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