Census Tract 4803, Wadena, Minnesota

Census Tract 4803 is a Low-Income CommunityOpportunity Zone located in Wadena, Minnesota.

This 39 square milecensus tract has a population of approximately 5,000and is the only Opportunity Zone in Wadena County.

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

Census Tract 4803 Demographics

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

Median Household Income

$42K

This Opportunity Zone has a median household incomeof approximately $42,000, which is 44% lowerthan the median household income for the state of Minnesota of $75,000.

Poverty Rate

17%

The percentage of households below the poverty line in this Opportunity Zone is 17%, which is 8% higherthan the rate for the state of Minnesota of 9%.

Median Home Value

$111K

This Opportunity Zone has a median home valueof approximately $110,000, which is 56% 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

37

This Opportunity Zone has a median ageof approximately 37, which is 3% 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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