OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 2, Burlington, Iowa
Census Tract 2 is a Low-Income CommunityOpportunity Zone located in Burlington, Iowa.
This 1.3 square milecensus tract has a population of approximately 3,000and is one of 3 Opportunity Zones in Des Moines County.
The adjacent map shows the location of this Opportunity Zone in Iowa.
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
$43K |
This Opportunity Zone has a median household incomeof approximately $43,000, which is 31% lowerthan the median household income for the state of Iowa of $62,000.
Poverty Rate
32% |
The percentage of households below the poverty line in this Opportunity Zone is 32%, which is 21% higherthan the rate for the state of Iowa of 11%.
Median Home Value
$70K |
This Opportunity Zone has a median home valueof approximately $70,000, which is 56% lowerthan the median home value for the state of Iowa of $160,000.
Education
91% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 91%, which is 2% lowerthan the rate for the state of Iowa of 93%.
Median Age
36 |
This Opportunity Zone has a median ageof approximately 36, which is 8% lowerthan the median age for the state of Iowa of 39.
Iowa OZ Funds
There are 2QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Iowaas a target market. Additional OZ funds may also invest in Iowa; see a complete list of Opportunity Zone Funds here.
| Fund Name | Asset Classes | Property Types | Fund Size |
|---|---|---|---|
| Connect UP! Integrated Capital Fund | Business, Real Estate | Affordable Housing, Commercial, Infrastructure, Residential, Workforce Housing | $50M |
| McGregor Interests Council Bluffs QOF, LLC | Real Estate | Storage | $3M |