Census Tract 4805, Nashwauk, Minnesota

Census Tract 4805 is a Low-Income CommunityOpportunity Zone located in Nashwauk, Minnesota.

This 70 square milecensus tract has a population of approximately 2,600and is one of 2 Opportunity Zones in Itasca County.

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

Census Tract 4805 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

$48K

This Opportunity Zone has a median household incomeof approximately $48,000, which is 36% lowerthan the median household income for the state of Minnesota of $75,000.

Poverty Rate

18%

The percentage of households below the poverty line in this Opportunity Zone is 18%, which is 9% higherthan the rate for the state of Minnesota of 9%.

Median Home Value

$79K

This Opportunity Zone has a median home valueof approximately $79,000, which is 68% lowerthan the median home value for the state of Minnesota of $250,000.

Education

90%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 90%, which is 4% 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.

Similar Opportunity Zones

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