Census Tract 4938 is a Low-Income CommunityOpportunity Zone located in Arkansas City, Kansas.
This 8.9 square milecensus tract has a population of approximately 4,200and is one of 2 Opportunity Zones in Cowley County.
The adjacent map shows the location of this Opportunity Zone in Kansas.
Census Tract 4938 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 $41,000, which is 34% lowerthan the median household income for the state of Kansas of $62,000.
The percentage of households below the poverty line in this Opportunity Zone is 20%, which is 9% higherthan the rate for the state of Kansas of 11%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $62,000, which is 61% lowerthan the median home value for the state of Kansas of $160,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 90%, which is 2% lowerthan the rate for the state of Kansas of 92%.
This Opportunity Zone has a median ageof approximately 33, which is 11% lowerthan the median age for the state of Kansas of 37.
Kansas OZ Funds
There are 7QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Kansasas a target market. Additional OZ funds may also invest in Kansas; see a complete list of Opportunity Zone Funds here.
|Fund Name||Asset Classes||Property Types||Fund Size|
|Catalytic Opportunity Zone Fund||Business, Real Estate||Commercial, Hotel, Infrastructure, Mixed-Use, Office, Residential, Student Housing, Workforce Housing||$100M|
|Community Outcome Fund||Business, Real Estate||Commercial, Infrastructure, Mixed-Use, Residential||$500M|
|Kansas Qualified Opportunity Zone Livestock Fund||Business||$50M|
|Maxus Opportunity Fund I||Real Estate||Commercial, Residential||$500M|
|Milhaus QOZ Fund IV||Real Estate||Commercial, Multi-Family Housing||$37M|
|Peachtree Hotel Group||Real Estate||Hotel||$100M|
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Kansas properties.