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Census Tract 2, Richmond, Indiana
Census Tract 2 is a Low-Income CommunityOpportunity Zone located in Richmond, Indiana.
This 0.8 square milecensus tract has a population of approximately 3,800and is one of 2 Opportunity Zones in Wayne County.
The adjacent map shows the location of this Opportunity Zone in Indiana.
Census Tract 2 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
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Median Household Income
$26K |
This Opportunity Zone has a median household incomeof approximately $26,000, which is 55% lowerthan the median household income for the state of Indiana of $58,000.
Poverty Rate
34% |
The percentage of households below the poverty line in this Opportunity Zone is 34%, which is 22% higherthan the rate for the state of Indiana of 12%.
Median Home Value
$53K |
This Opportunity Zone has a median home valueof approximately $53,000, which is 67% lowerthan the median home value for the state of Indiana of $160,000.
Education
74% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 74%, which is 16% lowerthan the rate for the state of Indiana of 90%.
Median Age
35 |
This Opportunity Zone has a median ageof approximately 35, which is 8% 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.
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