Multifamily Investor Expo - Feb 15th
Census Tract 1, Rico, Colorado
Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Rico, Colorado.
This 1,100 square milecensus tract has a population of approximately 1,900and is the only Opportunity Zone in Dolores County.
The adjacent map shows the location of this Opportunity Zone in Colorado.
Census Tract 1 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 $46,000, which is 40% lowerthan the median household income for the state of Colorado of $77,000.
The percentage of households below the poverty line in this Opportunity Zone is 13%, which is 4% higherthan the rate for the state of Colorado of 9.4%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $120,000, which is 69% lowerthan the median home value for the state of Colorado of $390,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 94%, which is 2% higherthan the rate for the state of Colorado of 92%.
This Opportunity Zone has a median ageof approximately 49, which is 32% higherthan the median age for the state of Colorado of 37.
Colorado OZ Funds
There are 14QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Coloradoas a target market. Additional OZ funds may also invest in Colorado; see a complete list of Opportunity Zone Funds here.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Colorado properties.