Census Tract 1703, Mankato, Minnesota

Census Tract 1703 is a Low-Income CommunityOpportunity Zone located in Mankato, Minnesota.

This 3.2 square milecensus tract has a population of approximately 3,500and is one of 2 Opportunity Zones in Blue Earth County.

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

Census Tract 1703 Demographics

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

Advertisement

Median Household Income

$47K

This Opportunity Zone has a median household incomeof approximately $47,000, which is 37% lowerthan the median household income for the state of Minnesota of $75,000.

Poverty Rate

19%

The percentage of households below the poverty line in this Opportunity Zone is 19%, which is 10% higherthan the rate for the state of Minnesota of 9%.

Median Home Value

$154K

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

91%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 91%, which is 3% lowerthan the rate for the state of Minnesota of 94%.

Median Age

29

This Opportunity Zone has a median ageof approximately 29, which is 24% 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.

Similar Opportunity Zones

Archives

Categories