OZ Pitch Day - July 20, 2023
Census Tract 6.01, Wilmington, Delaware
Census Tract 6.01 is a Low-Income CommunityOpportunity Zone located in Wilmington, Delaware.
This 0.3 square milecensus tract has a population of approximately 3,300and is one of 15 Opportunity Zones in New Castle County.
The adjacent map shows the location of this Opportunity Zone in Delaware.
Census Tract 6.01 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 $45,000, which is 36% lowerthan the median household income for the state of Delaware of $70,000.
The percentage of households below the poverty line in this Opportunity Zone is 30%, which is 19% higherthan the rate for the state of Delaware of 11%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $110,000, which is 58% lowerthan the median home value for the state of Delaware of $260,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 91%, which is 1% higherthan the rate for the state of Delaware of 90%.
This Opportunity Zone has a median ageof approximately 32, which is 22% lowerthan the median age for the state of Delaware of 41.
Delaware OZ Funds
There are 3QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Delawareas a target market. Additional OZ funds may also invest in Delaware; see a complete list of Opportunity Zone Funds here.
|Fund Name||Asset Classes||Property Types||Fund Size|
|Second Chances Farm Fund||Real Estate||Farmland||$25M|
|Strategic Rivermont OZ Fund, LLC||Real Estate||Commercial, Energy Development, Hotel, Mixed-Use, Residential, Stadiums and Arenas, Student Housing||$100M|
|Sunset Cove Fund, LLP||Business||$2M|
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Delaware properties.