Census Tract 40.08 is a Low-Income CommunityOpportunity Zone located in Colorado Springs, Colorado.
This 16 square milecensus tract has a population of approximately 3,000and is one of 8 Opportunity Zones in El Paso County.
The adjacent map shows the location of this Opportunity Zone in Colorado.
Census Tract 40.08 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 $82,000, which is 6% higherthan 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 5.9%, which is 4% lowerthan the rate for the state of Colorado of 9.4%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $0, which is 100% 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 99%, which is 7% higherthan the rate for the state of Colorado of 92%.
This Opportunity Zone has a median ageof approximately 22, which is 41% 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.