Census Tract 9603, Pelican Rapids, Minnesota

Census Tract 9603 is a Low-Income CommunityOpportunity Zone located in Pelican Rapids, Minnesota.

This 71 square milecensus tract has a population of approximately 3,200and is the only Opportunity Zone in Otter Tail County.

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

Census Tract 9603 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

$55K

This Opportunity Zone has a median household incomeof approximately $55,000, which is 27% lowerthan the median household income for the state of Minnesota of $75,000.

Poverty Rate

20%

The percentage of households below the poverty line in this Opportunity Zone is 20%, which is 11% higherthan the rate for the state of Minnesota of 9%.

Median Home Value

$147K

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

77%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 77%, which is 17% lowerthan the rate for the state of Minnesota of 94%.

Median Age

39

This Opportunity Zone has a median ageof approximately 39, which is 3% 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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