Multifamily Investor Expo - Feb 15th
Census Tract 3197.05, Tempe, Arizona
Census Tract 3197.05 is a Low-Income CommunityOpportunity Zone located in Tempe, Arizona.
This 1.5 square milecensus tract has a population of approximately 3,700and is one of 85 Opportunity Zones in Maricopa County.
The adjacent map shows the location of this Opportunity Zone in Arizona.
Census Tract 3197.05 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 $60,000, which is 3% lowerthan the median household income for the state of Arizona of $62,000.
The percentage of households below the poverty line in this Opportunity Zone is 21%, which is 8% higherthan the rate for the state of Arizona of 13%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $190,000, which is 27% lowerthan the median home value for the state of Arizona of $260,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 86%, which is 2% lowerthan the rate for the state of Arizona of 88%.
This Opportunity Zone has a median ageof approximately 30, which is 21% 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.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Arizona properties.