OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 11, Kalispell, Montana
Census Tract 11 is a Low-Income CommunityOpportunity Zone located in Kalispell, Montana.
This 1.5 square milecensus tract has a population of approximately 6,300and is the only Opportunity Zone in Flathead County.
The adjacent map shows the location of this Opportunity Zone in Montana.
Census Tract 11 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$48K |
This Opportunity Zone has a median household incomeof approximately $48,000, which is 16% lowerthan the median household income for the state of Montana of $57,000.
Poverty Rate
14% |
The percentage of households below the poverty line in this Opportunity Zone is 14%, which is 1% higherthan the rate for the state of Montana of 13%.
Median Home Value
$191K |
This Opportunity Zone has a median home valueof approximately $190,000, which is 24% lowerthan the median home value for the state of Montana of $250,000.
Education
93% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 93%, which is 1% lowerthan the rate for the state of Montana of 94%.
Median Age
34 |
This Opportunity Zone has a median ageof approximately 34, which is 17% lowerthan the median age for the state of Montana of 41.
Montana OZ Funds
There are 4QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Montanaas a target market. Additional OZ funds may also invest in Montana; 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 |
| Galena Opportunity Fund | Real Estate | Residential | $500M |
| PEG Opportunity Zone Impact Investors LP | Real Estate | Hotel, Multi-Famliy Housing, Residential, Retail | $300M |
| Verdigris Opportunity Fund I | Business | Residential | $2M |