Census Tract 7 is a Low-Income CommunityOpportunity Zone located in Las Vegas, Nevada.
This 0.6 square milecensus tract has a population of approximately 4,200and is one of 45 Opportunity Zones in Clark County.
The adjacent map shows the location of this Opportunity Zone in Nevada.
Census Tract 7 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 $25,000, which is 60% lowerthan the median household income for the state of Nevada of $63,000.
The percentage of households below the poverty line in this Opportunity Zone is 41%, which is 28% higherthan the rate for the state of Nevada of 13%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $400,000, which is 25% higherthan the median home value for the state of Nevada of $320,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 78%, which is 9% lowerthan the rate for the state of Nevada of 87%.
This Opportunity Zone has a median ageof approximately 34, which is 11% lowerthan the median age for the state of Nevada of 38.
Nevada OZ Funds
There are 11QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Nevadaas a target market. Additional OZ funds may also invest in Nevada; see a complete list of Opportunity Zone Funds here.
|Fund Name||Asset Classes||Property Types||Fund Size|
|Shopoff DLV QOZ Fund Premium Listing||Real Estate||Hotel||$186M|
|Agora Realty Opportunity Zone Fund||Real Estate||Industrial, Multi-Family Housing||$50M|
|Alliant Strategic Opportunity Zone Fund I, LLC||Business, Real Estate||Affordable Housing, Mixed-Use, Workforce Housing||$125M|
|Clearinghouse CDFI Opportunity Fund||Real Estate||$25M|
|Community Outcome Fund||Business, Real Estate||Commercial, Infrastructure, Mixed-Use, Residential||$500M|
|Galena Opportunity Fund||Real Estate||Residential||$500M|
|GTIS Qualified Opportunity Fund||Real Estate||Industrial, Multi-Family Housing, Residential, Single-Family Housing, Student Housing, Warehouse||$350M|
|Kingsbarn QOZF||Real Estate||Multi-Family Housing||$10M|
|PICOZ Fund I||Real Estate||Mixed-Use, Multi-Family Housing, Residential, Single-Family Housing||$100M|
|Universal Labs Opportunity Fund, Inc.||Business, Real Estate||Healthcare||$50M|
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Nevada properties.