OZ Pitch Day - June 13, 2024
OZ Pitch Day - June 13, 2024
Census Tract 9, South Bend, Indiana
Census Tract 9 is a Low-Income CommunityOpportunity Zone located in South Bend, Indiana.
This 0.5 square milecensus tract has a population of approximately 1,200and is one of 7 Opportunity Zones in St. Joseph County.
The adjacent map shows the location of this Opportunity Zone in Indiana.
Census Tract 9 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$52K |
This Opportunity Zone has a median household incomeof approximately $52,000, which is 10% lowerthan the median household income for the state of Indiana of $58,000.
Poverty Rate
21% |
The percentage of households below the poverty line in this Opportunity Zone is 21%, which is 9% higherthan the rate for the state of Indiana of 12%.
Median Home Value
$113K |
This Opportunity Zone has a median home valueof approximately $110,000, which is 31% lowerthan the median home value for the state of Indiana of $160,000.
Education
83% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 83%, which is 7% lowerthan the rate for the state of Indiana of 90%.
Median Age
33 |
This Opportunity Zone has a median ageof approximately 33, which is 13% lowerthan the median age for the state of Indiana of 38.
Indiana OZ Funds
There are 7QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Indianaas a target market. Additional OZ funds may also invest in Indiana; see a complete list of Opportunity Zone Funds here.
Fund Name | Asset Classes | Property Types | Fund Size |
---|---|---|---|
113 York OZ Fund, LLC | Business, Real Estate | Commercial, Mixed-Use, Multi-Family Housing, Office, Residential | $750K |
Community Outcome Fund | Business, Real Estate | Commercial, Infrastructure, Mixed-Use, Residential | $500M |
East Chicago Qualified Opportunity Fund, LLC | Real Estate | Industrial | $65M |
Milhaus QOZ Fund I | Real Estate | Commercial, Mixed-Use, Multi-Family Housing | $30M |
Northwest Indiana Opportunity Fund, Inc. | Real Estate | Affordable Housing, Residential | $10M |
PICOZ Fund I | Real Estate | Mixed-Use, Multi-Family Housing, Residential, Single-Family Housing | $100M |
Woodforest CEI-Boulos Opportunity Fund | Real Estate | Workforce Housing | $22M |
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Indiana properties.