Census Tract 3.02 is a Low-Income CommunityOpportunity Zone located in Colorado Springs, Colorado.
This 2.2 square milecensus tract has a population of approximately 5,000and is one of 8 Opportunity Zones in El Paso County.
The adjacent map shows the location of this Opportunity Zone in Colorado.
Census Tract 3.02 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 $36,000, which is 53% 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 25%, which is 16% higherthan the rate for the state of Colorado of 9.4%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $21,000, which is 95% 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 86%, which is 6% lowerthan the rate for the state of Colorado of 92%.
This Opportunity Zone has a median ageof approximately 35, which is 5% lowerthan 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.