OZ Pitch Day - July 20, 2023
Census Tract 103.21, Meridian, Idaho
Census Tract 103.21 is a Low-Income CommunityOpportunity Zone located in Meridian, Idaho.
This 5 square milecensus tract has a population of approximately 7,600and is one of 2 Opportunity Zones in Ada County.
The adjacent map shows the location of this Opportunity Zone in Idaho.
Census Tract 103.21 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 $55,000, which is 10% lowerthan the median household income for the state of Idaho of $61,000.
The percentage of households below the poverty line in this Opportunity Zone is 19%, which is 8% higherthan the rate for the state of Idaho of 11%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $240,000, which is 8% lowerthan the median home value for the state of Idaho of $260,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 92%, which is 1% higherthan the rate for the state of Idaho of 91%.
This Opportunity Zone has a median ageof approximately 34, which is 8% lowerthan the median age for the state of Idaho of 37.
Idaho OZ Funds
There are 4QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Idahoas a target market. Additional OZ funds may also invest in Idaho; see a complete list of Opportunity Zone Funds here.
|Fund Name||Asset Classes||Property Types||Fund Size|
|Galena Opportunity Fund||Real Estate||Residential||$500M|
|PEG Opportunity Zone Impact Investors LP||Real Estate||Hotel, Multi-Famliy Housing, Residential, Retail||$300M|
|PEG OZ Investors 2021||Real Estate||Hotel, Multi-Family Housing||$50M|
|PICOZ Fund I||Real Estate||Mixed-Use, Multi-Family Housing, Residential, Single-Family Housing||$100M|
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Idaho properties.