Census Tract 23, South Tucson, Arizona

Census Tract 23 is a Low-Income CommunityOpportunity Zone located in South Tucson, Arizona.

This 1 square milecensus tract has a population of approximately 5,700and is one of 27 Opportunity Zones in Pima County.

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

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Census Tract 23 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

$25K

This Opportunity Zone has a median household incomeof approximately $25,000, which is 60% lowerthan the median household income for the state of Arizona of $62,000.

Poverty Rate

44%

The percentage of households below the poverty line in this Opportunity Zone is 44%, which is 31% higherthan the rate for the state of Arizona of 13%.

Median Home Value

$84K

This Opportunity Zone has a median home valueof approximately $84,000, which is 68% lowerthan the median home value for the state of Arizona of $260,000.

Education

64%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 64%, which is 24% lowerthan the rate for the state of Arizona of 88%.

Median Age

33

This Opportunity Zone has a median ageof approximately 33, which is 13% 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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