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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:
Median Household Income
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.
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
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.
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%.
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.