Census Tract 7 is a Low-Income CommunityOpportunity Zone located in Hutchinson, Kansas.
This 1.5 square milecensus tract has a population of approximately 5,400and is one of 4 Opportunity Zones in Reno County.
The adjacent map shows the location of this Opportunity Zone in Kansas.
Census Tract 7 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 $38,000, which is 39% 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 28%, which is 17% higherthan the rate for the state of Kansas of 11%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $61,000, which is 62% 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 81%, which is 11% 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.