Census Tract 4506, Alexandria, Minnesota

Census Tract 4506 is a Low-Income CommunityOpportunity Zone located in Alexandria, Minnesota.

This 7.6 square milecensus tract has a population of approximately 5,800and is the only Opportunity Zone in Douglas County.

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

Census Tract 4506 Demographics

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

Median Household Income

$53K

This Opportunity Zone has a median household incomeof approximately $53,000, which is 29% lowerthan the median household income for the state of Minnesota of $75,000.

Poverty Rate

7.7%

The percentage of households below the poverty line in this Opportunity Zone is 7.7%, which is 1% lowerthan the rate for the state of Minnesota of 9%.

Median Home Value

$161K

This Opportunity Zone has a median home valueof approximately $160,000, which is 36% 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

45

This Opportunity Zone has a median ageof approximately 45, which is 18% 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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