Census Tract 706 is a Low-Income CommunityOpportunity Zone located in Park Rapids, Minnesota.

This 5.8 square milecensus tract has a population of approximately 3,900and is the only Opportunity Zone in Hubbard County.

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

• Opportunity Zone Demographics
• Minnesota OZ Funds
• List of Similar Opportunity Zones

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$34K

This Opportunity Zone has a median household incomeof approximately $34,000, which is 55% lowerthan the median household income for the state of Minnesota of $75,000.

26%

The percentage of households below the poverty line in this Opportunity Zone is 26%, which is 17% higherthan the rate for the state of Minnesota of 9%.

$151K

This Opportunity Zone has a median home valueof approximately $150,000, which is 40% lowerthan the median home value for the state of Minnesota of $250,000.

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%.

35

This Opportunity Zone has a median ageof approximately 35, which is 8% lowerthan the median age for the state of Minnesota of 38.