Census Tract 5 is a Low-Income CommunityOpportunity Zone located in Fort Morgan, Colorado.
This 1.4 square milecensus tract has a population of approximately 2,700and is one of 2 Opportunity Zones in Morgan County.
The adjacent map shows the location of this Opportunity Zone in Colorado.
Census Tract 5 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 $56,000, which is 27% 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 8%, which is 1% lowerthan the rate for the state of Colorado of 9.4%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $180,000, which is 54% 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 81%, which is 11% lowerthan the rate for the state of Colorado of 92%.
This Opportunity Zone has a median ageof approximately 33, which is 11% 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.