Census Tract 1, Bagley, Minnesota

Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Bagley, Minnesota.

This 67 square milecensus tract has a population of approximately 2,700and is the only Opportunity Zone in Clearwater County.

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

Census Tract 1 Demographics

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

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

12%

The percentage of households below the poverty line in this Opportunity Zone is 12%, which is 3% higherthan the rate for the state of Minnesota of 9%.

Median Home Value

$126K

This Opportunity Zone has a median home valueof approximately $130,000, which is 48% lowerthan the median home value for the state of Minnesota of $250,000.

Education

86%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 86%, which is 8% lowerthan the rate for the state of Minnesota of 94%.

Median Age

41

This Opportunity Zone has a median ageof approximately 41, which is 8% higherthan 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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