OZ Pitch Day - June 13, 2024
OZ Pitch Day - June 13, 2024
Census Tract 19.02, Wilmington, Delaware
Census Tract 19.02 is a Low-Income CommunityOpportunity Zone located in Wilmington, Delaware.
This 1.8 square milecensus tract has a population of approximately 2,100and is one of 15 Opportunity Zones in New Castle County.
The adjacent map shows the location of this Opportunity Zone in Delaware.
Census Tract 19.02 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$49K |
This Opportunity Zone has a median household incomeof approximately $49,000, which is 30% lowerthan the median household income for the state of Delaware of $70,000.
Poverty Rate
32% |
The percentage of households below the poverty line in this Opportunity Zone is 32%, which is 21% higherthan the rate for the state of Delaware of 11%.
Median Home Value
$184K |
This Opportunity Zone has a median home valueof approximately $180,000, which is 31% lowerthan the median home value for the state of Delaware of $260,000.
Education
91% |
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%.
Median Age
33 |
This Opportunity Zone has a median ageof approximately 33, which is 20% 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.