Census Tract 4507.02, Bemidji, Minnesota

Census Tract 4507.02 is a Low-Income CommunityOpportunity Zone located in Bemidji, Minnesota.

This 12 square milecensus tract has a population of approximately 6,000and is one of 2 Opportunity Zones in Beltrami County.

The adjacent map shows the location of this Opportunity Zone in Minnesota.

Census Tract 4507.02 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

Median Household Income

$29K

This Opportunity Zone has a median household incomeof approximately $29,000, which is 61% lowerthan the median household income for the state of Minnesota of $75,000.

Poverty Rate

30%

The percentage of households below the poverty line in this Opportunity Zone is 30%, which is 21% higherthan the rate for the state of Minnesota of 9%.

Median Home Value

$155K

This Opportunity Zone has a median home valueof approximately $150,000, which is 40% lowerthan the median home value for the state of Minnesota of $250,000.

Education

92%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 92%, which is 2% lowerthan the rate for the state of Minnesota of 94%.

Median Age

31

This Opportunity Zone has a median ageof approximately 31, which is 18% lowerthan the median age for the state of Minnesota of 38.

Minnesota OZ Funds

There are 6QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Minnesotaas a target market. Additional OZ funds may also invest in Minnesota; see a complete list of Opportunity Zone Funds here.

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