Census Tract 1.02 is a Low-Income CommunityOpportunity Zone located in Reno, Nevada.
This 1 square milecensus tract has a population of approximately 3,000and is one of 9 Opportunity Zones in Washoe County.
The adjacent map shows the location of this Opportunity Zone in Nevada.
Census Tract 1.02 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 $21,000, which is 67% 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 38%, which is 25% higherthan the rate for the state of Nevada of 13%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $170,000, which is 47% lowerthan 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 86%, which is 1% lowerthan the rate for the state of Nevada of 87%.
This Opportunity Zone has a median ageof approximately 51, which is 34% higherthan 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.