OZ Pitch Day - July 20, 2023
Census Tract 830.01, Somersworth, New Hampshire
Census Tract 830.01 is a Low-Income CommunityOpportunity Zone located in Somersworth, New Hampshire.
This 4.2 square milecensus tract has a population of approximately 7,100and is one of 5 Opportunity Zones in Strafford County.
The adjacent map shows the location of this Opportunity Zone in New Hampshire.
Census Tract 830.01 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 $64,000, which is 18% lowerthan the median household income for the state of New Hampshire of $78,000.
The percentage of households below the poverty line in this Opportunity Zone is 10%, which is 3% higherthan the rate for the state of New Hampshire of 7.3%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $200,000, which is 29% lowerthan the median home value for the state of New Hampshire of $280,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 92%, which is 1% lowerthan the rate for the state of New Hampshire of 93%.
This Opportunity Zone has a median ageof approximately 37, which is 14% lowerthan the median age for the state of New Hampshire of 43.
New Hampshire OZ Funds
There are 3QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify New Hampshireas a target market. Additional OZ funds may also invest in New Hampshire; see a complete list of Opportunity Zone Funds here.
|Fund Name||Asset Classes||Property Types||Fund Size|
|KindCare Assisted Living||Business, Real Estate||Residential, Senior Housing||$30M|
|Ozone Capital North Country Growers QOZ Fund||Real Estate||Farmland||$28M|
|Strategic Rivermont OZ Fund, LLC||Real Estate||Commercial, Energy Development, Hotel, Mixed-Use, Residential, Stadiums and Arenas, Student Housing||$100M|
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on New Hampshire properties.