OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 9513, Russellville, Arkansas
Census Tract 9513 is a Low-Income CommunityOpportunity Zone located in Russellville, Arkansas.
This 7.6 square milecensus tract has a population of approximately 8,000and is one of 2 Opportunity Zones in Pope County.
The adjacent map shows the location of this Opportunity Zone in Arkansas.
Census Tract 9513 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
27% |
The percentage of households below the poverty line in this Opportunity Zone is 27%, which is 11% higherthan the rate for the state of Arkansas of 16%.
Median Home Value
$105K |
This Opportunity Zone has a median home valueof approximately $100,000, which is 29% lowerthan the median home value for the state of Arkansas of $140,000.
Education
83% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 83%, which is 4% lowerthan the rate for the state of Arkansas of 87%.
Median Age
28 |
This Opportunity Zone has a median ageof approximately 28, which is 28% 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 |