Census Tract 5.02, Fargo, North Dakota

Census Tract 5.02 is a Low-Income CommunityOpportunity Zone located in Fargo, North Dakota.

This 0.3 square milecensus tract has a population of approximately 3,200and is one of 5 Opportunity Zones in Cass County.

The adjacent map shows the location of this Opportunity Zone in North Dakota.

Census Tract 5.02 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

Median Household Income

$27K

This Opportunity Zone has a median household incomeof approximately $27,000, which is 58% lowerthan the median household income for the state of North Dakota of $65,000.

Poverty Rate

50%

The percentage of households below the poverty line in this Opportunity Zone is 50%, which is 39% higherthan the rate for the state of North Dakota of 11%.

Median Home Value

$159K

This Opportunity Zone has a median home valueof approximately $160,000, which is 24% lowerthan the median home value for the state of North Dakota of $210,000.

Education

88%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 88%, which is 5% lowerthan the rate for the state of North Dakota of 93%.

Median Age

22

This Opportunity Zone has a median ageof approximately 22, which is 39% lowerthan the median age for the state of North Dakota of 36.

North Dakota OZ Funds

There is 1QOZ Fundin the OpportunityDb database with an investment objective that specifically identify North Dakotaas a target market. Additional OZ funds may also invest in North Dakota; see a complete list of Opportunity Zone Funds here.

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