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Census Tract 6, Rochester, Minnesota
Census Tract 6 is a Low-Income CommunityOpportunity Zone located in Rochester, Minnesota.
This 1.3 square milecensus tract has a population of approximately 4,800and is one of 2 Opportunity Zones in Olmsted County.
The adjacent map shows the location of this Opportunity Zone in Minnesota.
Census Tract 6 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
$45K |
This Opportunity Zone has a median household incomeof approximately $45,000, which is 40% lowerthan the median household income for the state of Minnesota of $75,000.
Poverty Rate
15% |
The percentage of households below the poverty line in this Opportunity Zone is 15%, which is 6% higherthan the rate for the state of Minnesota of 9%.
Median Home Value
$146K |
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.
Education
86% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 86%, which is 8% lowerthan the rate for the state of Minnesota of 94%.
Median Age
38 |
This Opportunity Zone has a median ageof approximately 38, which is 0% 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.
Fund Name | Asset Classes | Property Types | Fund Size |
---|---|---|---|
Catalyst Opportunity Funds | Business, Real Estate | Affordable Housing, Commercial, Mixed-Use, Multi-Family Housing, Office, Residential, Workforce Housing | $150M |
Connect UP! Integrated Capital Fund | Business, Real Estate | Affordable Housing, Commercial, Infrastructure, Residential, Workforce Housing | $50M |
DREAM Fund | Real Estate | Commercial, Energy Development, Mixed-Use, Residential | $100M |
Hospitality with real estate | Business | Hotel | $3M |
Origin Investments QOZ Fund | Real Estate | Commercial, Residential | $200M |
V3 Sports | Business, Real Estate | Mixed-Use |
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Minnesota properties.
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