OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 3704, Grinnell, Iowa
Census Tract 3704 is a Low-Income CommunityOpportunity Zone located in Grinnell, Iowa.
This 6 square milecensus tract has a population of approximately 4,200and is the only Opportunity Zone in Poweshiek County.
The adjacent map shows the location of this Opportunity Zone in Iowa.
Census Tract 3704 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$38K |
This Opportunity Zone has a median household incomeof approximately $38,000, which is 39% lowerthan the median household income for the state of Iowa of $62,000.
Poverty Rate
16% |
The percentage of households below the poverty line in this Opportunity Zone is 16%, which is 5% higherthan the rate for the state of Iowa of 11%.
Median Home Value
$111K |
This Opportunity Zone has a median home valueof approximately $110,000, which is 31% lowerthan the median home value for the state of Iowa of $160,000.
Education
92% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 92%, which is 1% lowerthan the rate for the state of Iowa of 93%.
Median Age
43 |
This Opportunity Zone has a median ageof approximately 43, which is 10% 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 |