OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 304.03, Conway, Arkansas
Census Tract 304.03 is a Low-Income CommunityOpportunity Zone located in Conway, Arkansas.
This 6.4 square milecensus tract has a population of approximately 3,900and is one of 3 Opportunity Zones in Faulkner County.
The adjacent map shows the location of this Opportunity Zone in Arkansas.
Census Tract 304.03 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$37K |
This Opportunity Zone has a median household incomeof approximately $37,000, which is 24% lowerthan the median household income for the state of Arkansas of $49,000.
Poverty Rate
22% |
The percentage of households below the poverty line in this Opportunity Zone is 22%, which is 6% higherthan the rate for the state of Arkansas of 16%.
Median Home Value
$142K |
This Opportunity Zone has a median home valueof approximately $140,000, which is 0% lowerthan the median home value for the state of Arkansas of $140,000.
Education
91% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 91%, which is 4% higherthan the rate for the state of Arkansas of 87%.
Median Age
34 |
This Opportunity Zone has a median ageof approximately 34, which is 13% lowerthan 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 |