OZ Pitch Day - July 20, 2023
Census Tract 3, Sarasota, Florida
Census Tract 3 is a Low-Income CommunityOpportunity Zone located in Sarasota, Florida.
This 0.8 square milecensus tract has a population of approximately 4,200and is one of 5 Opportunity Zones in Sarasota County.
The adjacent map shows the location of this Opportunity Zone in Florida.
Census Tract 3 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 $24,000, which is 59% lowerthan the median household income for the state of Florida of $59,000.
The percentage of households below the poverty line in this Opportunity Zone is 43%, which is 30% higherthan the rate for the state of Florida of 13%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $100,000, which is 60% lowerthan the median home value for the state of Florida of $250,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 76%, which is 12% lowerthan the rate for the state of Florida of 88%.
This Opportunity Zone has a median ageof approximately 33, which is 21% lowerthan the median age for the state of Florida of 42.
Florida OZ Funds
There are 22QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Floridaas a target market. Additional OZ funds may also invest in Florida; see a complete list of Opportunity Zone Funds here.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Florida properties.