OZ Pitch Day - March 7, 2024
OZ Pitch Day - March 7, 2024
Census Tract 3, Burlington, Iowa
Census Tract 3 is a Low-Income CommunityOpportunity Zone located in Burlington, Iowa.
This 2.2 square milecensus tract has a population of approximately 3,500and is one of 3 Opportunity Zones in Des Moines County.
The adjacent map shows the location of this Opportunity Zone in Iowa.
Census Tract 3 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$31K |
This Opportunity Zone has a median household incomeof approximately $31,000, which is 50% lowerthan the median household income for the state of Iowa of $62,000.
Poverty Rate
33% |
The percentage of households below the poverty line in this Opportunity Zone is 33%, which is 22% higherthan the rate for the state of Iowa of 11%.
Median Home Value
$75K |
This Opportunity Zone has a median home valueof approximately $75,000, which is 53% lowerthan the median home value for the state of Iowa of $160,000.
Education
88% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 88%, which is 5% lowerthan the rate for the state of Iowa of 93%.
Median Age
48 |
This Opportunity Zone has a median ageof approximately 48, which is 23% higherthan 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 |
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Iowa properties.