Census Tract 7905, Waseca, Minnesota

Census Tract 7905 is a Low-Income CommunityOpportunity Zone located in Waseca, Minnesota.

This 7.9 square milecensus tract has a population of approximately 3,800and is the only Opportunity Zone in Waseca County.

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

Census Tract 7905 Demographics

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

Median Household Income

$41K

This Opportunity Zone has a median household incomeof approximately $41,000, which is 45% 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

$118K

This Opportunity Zone has a median home valueof approximately $120,000, which is 52% lowerthan the median home value for the state of Minnesota of $250,000.

Education

88%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 88%, which is 6% 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.

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