Census Tract 9400.02, Cass Lake, Minnesota

Census Tract 9400.02 is a Low-Income CommunityOpportunity Zone located in Cass Lake, Minnesota.

This 320 square milecensus tract has a population of approximately 3,200and is the only Opportunity Zone in Cass County.

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

Census Tract 9400.02 Demographics

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

Median Household Income

$41K

This Opportunity Zone has a median household incomeof approximately $41,000, which is 45% lowerthan the median household income for the state of Minnesota of $75,000.

Poverty Rate

32%

The percentage of households below the poverty line in this Opportunity Zone is 32%, which is 23% higherthan the rate for the state of Minnesota of 9%.

Median Home Value

$85K

This Opportunity Zone has a median home valueof approximately $85,000, which is 66% lowerthan the median home value for the state of Minnesota of $250,000.

Education

87%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 87%, which is 7% lowerthan the rate for the state of Minnesota of 94%.

Median Age

30

This Opportunity Zone has a median ageof approximately 30, which is 21% 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

Featured Webinar

Self Storage OZ Deals
Days
Hrs
Mins
Secs

Discover Your Next Opportunity Zone Investment...

OZ Pitch Day

June 13, 2024