OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 9501, Arkansas City, Arkansas
Census Tract 9501 is a Low-Income CommunityOpportunity Zone located in Arkansas City, Arkansas.
This 480 square milecensus tract has a population of approximately 1,300and is one of 2 Opportunity Zones in Desha County.
The adjacent map shows the location of this Opportunity Zone in Arkansas.
Census Tract 9501 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$34K |
This Opportunity Zone has a median household incomeof approximately $34,000, which is 31% lowerthan the median household income for the state of Arkansas of $49,000.
Poverty Rate
36% |
The percentage of households below the poverty line in this Opportunity Zone is 36%, which is 20% higherthan the rate for the state of Arkansas of 16%.
Median Home Value
$62K |
This Opportunity Zone has a median home valueof approximately $62,000, which is 56% lowerthan the median home value for the state of Arkansas of $140,000.
Education
77% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 77%, which is 10% lowerthan the rate for the state of Arkansas of 87%.
Median Age
57 |
This Opportunity Zone has a median ageof approximately 57, which is 46% higherthan the median age for the state of Arkansas of 39.
Arkansas OZ Funds
There are 4QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Arkansasas a target market. Additional OZ funds may also invest in Arkansas; see a complete list of Opportunity Zone Funds here.
| Fund Name | Asset Classes | Property Types | Fund Size |
|---|---|---|---|
| Catalytic Opportunity Zone Fund | Business, Real Estate | Commercial, Hotel, Infrastructure, Mixed-Use, Office, Residential, Student Housing, Workforce Housing | $100M |
| Community Outcome Fund | Business, Real Estate | Commercial, Infrastructure, Mixed-Use, Residential | $500M |
| Maxus Opportunity Fund I | Real Estate | Commercial, Residential | $500M |
| Tigerback Ventures | Business |