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Census Tract 9603, New Madrid, Missouri
Census Tract 9603 is a Low-Income CommunityOpportunity Zone located in New Madrid, Missouri.
This 15 square milecensus tract has a population of approximately 3,200and is one of 5 Opportunity Zones in New Madrid County.
The adjacent map shows the location of this Opportunity Zone in Missouri.
Census Tract 9603 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
This Opportunity Zone has a median household incomeof approximately $39,000, which is 32% lowerthan the median household income for the state of Missouri of $57,000.
The percentage of households below the poverty line in this Opportunity Zone is 28%, which is 15% higherthan the rate for the state of Missouri of 13%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $83,000, which is 51% lowerthan the median home value for the state of Missouri of $170,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 84%, which is 7% lowerthan the rate for the state of Missouri of 91%.
This Opportunity Zone has a median ageof approximately 40, which is 3% higherthan the median age for the state of Missouri of 39.
Missouri OZ Funds
There are 6QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Missourias a target market. Additional OZ funds may also invest in Missouri; see a complete list of Opportunity Zone Funds here.
|Fund Name||Asset Classes||Property Types||Fund Size|
|City Foundry Phase II OZ Fund, LLC||Business, Real Estate||Mixed-Use, Office||$50M|
|Community Outcome Fund||Business, Real Estate||Commercial, Infrastructure, Mixed-Use, Residential||$500M|
|Maxus Opportunity Fund I||Real Estate||Commercial, Residential||$500M|
|Midas Opportunity Zone Fund||Real Estate||Hotel||$35M|
|Milhaus QOZ Fund III||Real Estate||Commercial, Multi-Family Housing||$47M|
|P2P Electric||Business, Real Estate||Commercial, Education, Energy Development||$500K|
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Missouri properties.