OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 78.03, Washington, District of Columbia
Census Tract 78.03 is a Low-Income CommunityOpportunity Zone located in Washington, District of Columbia.
This 0.4 square milecensus tract has a population of approximately 4,400and is one of 25 Opportunity Zones in District of Columbia.
The adjacent map shows the location of this Opportunity Zone in District of Columbia.
Census Tract 78.03 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$46K |
This Opportunity Zone has a median household incomeof approximately $46,000, which is 50% lowerthan the median household income for the city of District of Columbia of $92,000.
Poverty Rate
26% |
The percentage of households below the poverty line in this Opportunity Zone is 26%, which is 13% higherthan the rate for the city of District of Columbia of 13%.
Median Home Value
$302K |
This Opportunity Zone has a median home valueof approximately $300,000, which is 54% lowerthan the median home value for the city of District of Columbia of $650,000.
Education
84% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 84%, which is 8% lowerthan the rate for the city of District of Columbia of 92%.
Median Age
33 |
This Opportunity Zone has a median ageof approximately 33, which is 3% lowerthan the median age for the city of District of Columbia of 34.
District of Columbia OZ Funds
There are 5QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify District of Columbiaas a target market. Additional OZ funds may also invest in District of Columbia; see a complete list of Opportunity Zone Funds here.
| Fund Name | Asset Classes | Property Types | Fund Size |
|---|---|---|---|
| Javelin 19 Investments | Business, Real Estate | Mixed-Use, Residential, Student Housing | |
| Redbrick Opportunity Fund II, LLC | Business, Real Estate | Affordable Housing, Mixed-Use, Office | $150M |
| Revolution Wealth Opportunity Zone Fund | Business, Real Estate | Energy Development, Infrastructure, Mixed-Use | $6B |
| St. Elizabeths Opportunity Fund, LLC | Real Estate | Commercial, Mixed-Use, Office | $65M |
| Strategic Rivermont OZ Fund, LLC | Real Estate | Commercial, Energy Development, Hotel, Mixed-Use, Residential, Stadiums and Arenas, Student Housing | $100M |