OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 9501, New Meadows, Idaho
Census Tract 9501 is a Non-LIC ContiguousOpportunity Zone located in New Meadows, Idaho.
This 390 square milecensus tract has a population of approximately 1,600and is the only Opportunity Zone in Adams County.
The adjacent map shows the location of this Opportunity Zone in Idaho.
Census Tract 9501 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$54K |
This Opportunity Zone has a median household incomeof approximately $54,000, which is 11% lowerthan the median household income for the state of Idaho of $61,000.
Poverty Rate
8.1% |
The percentage of households below the poverty line in this Opportunity Zone is 8.1%, which is 3% lowerthan the rate for the state of Idaho of 11%.
Median Home Value
$245K |
This Opportunity Zone has a median home valueof approximately $250,000, which is 4% lowerthan the median home value for the state of Idaho of $260,000.
Education
97% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 97%, which is 6% higherthan the rate for the state of Idaho of 91%.
Median Age
51 |
This Opportunity Zone has a median ageof approximately 51, which is 38% higherthan 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 |