Census Tract 251, Bloomington, Minnesota

Census Tract 251 is a Low-Income CommunityOpportunity Zone located in Bloomington, Minnesota.

This 2.7 square milecensus tract has a population of approximately 3,000and is one of 25 Opportunity Zones in Hennepin County.

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

Census Tract 251 Demographics

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

Median Household Income

$57K

This Opportunity Zone has a median household incomeof approximately $57,000, which is 24% lowerthan the median household income for the state of Minnesota of $75,000.

Poverty Rate

14%

The percentage of households below the poverty line in this Opportunity Zone is 14%, which is 5% higherthan the rate for the state of Minnesota of 9%.

Median Home Value

$237K

This Opportunity Zone has a median home valueof approximately $240,000, which is 4% 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

35

This Opportunity Zone has a median ageof approximately 35, which is 8% 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.

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