Census Tract 59.02, Minneapolis, Minnesota

Census Tract 59.02 is a Low-Income CommunityOpportunity Zone located in Minneapolis, Minnesota.

This 0.2 square milecensus tract has a population of approximately 3,500and is one of 25 Opportunity Zones in Hennepin County.

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

Census Tract 59.02 Demographics

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

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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

50%

The percentage of households below the poverty line in this Opportunity Zone is 50%, which is 41% higherthan 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

66%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 66%, which is 28% lowerthan the rate for the state of Minnesota of 94%.

Median Age

26

This Opportunity Zone has a median ageof approximately 26, which is 32% 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

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