OZ Pitch Day - July 20, 2023
OZ Pitch Day - July 20, 2023
Census Tract 26, Des Moines, Iowa
Census Tract 26 is a Low-Income CommunityOpportunity Zone located in Des Moines, Iowa.
This 0.3 square milecensus tract has a population of approximately 2,700and is one of 3 Opportunity Zones in Polk County.
The adjacent map shows the location of this Opportunity Zone in Iowa.
Census Tract 26 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
$34K |
This Opportunity Zone has a median household incomeof approximately $34,000, which is 45% 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
$88K |
This Opportunity Zone has a median home valueof approximately $88,000, which is 45% lowerthan the median home value for the state of Iowa of $160,000.
Education
71% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 71%, which is 22% lowerthan the rate for the state of Iowa of 93%.
Median Age
26 |
This Opportunity Zone has a median ageof approximately 26, which is 33% 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 |
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Iowa properties.
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