OZ Pitch Day - March 7, 2024
OZ Pitch Day - March 7, 2024
Census Tract 205, Hilo, Hawaii
Census Tract 205 is a Low-Income CommunityOpportunity Zone located in Hilo, Hawaii.
This 2.4 square milecensus tract has a population of approximately 6,300and is one of 6 Opportunity Zones in Hawaii County.
The adjacent map shows the location of this Opportunity Zone in Hawaii.
Census Tract 205 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$29K |
This Opportunity Zone has a median household incomeof approximately $29,000, which is 65% lowerthan the median household income for the state of Hawaii of $83,000.
Poverty Rate
40% |
The percentage of households below the poverty line in this Opportunity Zone is 40%, which is 31% higherthan the rate for the state of Hawaii of 9.3%.
Median Home Value
$286K |
This Opportunity Zone has a median home valueof approximately $290,000, which is 57% lowerthan the median home value for the state of Hawaii of $670,000.
Education
86% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 86%, which is 6% lowerthan the rate for the state of Hawaii of 92%.
Median Age
26 |
This Opportunity Zone has a median ageof approximately 26, which is 35% lowerthan the median age for the state of Hawaii of 40.
Hawaii OZ Funds
There is 1QOZ Fundin the OpportunityDb database with an investment objective that specifically identify Hawaiias a target market. Additional OZ funds may also invest in Hawaii; see a complete list of Opportunity Zone Funds here.
Fund Name | Asset Classes | Property Types | Fund Size |
---|---|---|---|
Agora Realty Opportunity Zone Fund | Real Estate | Industrial, Multi-Family Housing | $50M |
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Hawaii properties.