OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 205, Almont, North Dakota
Census Tract 205 is a Low-Income CommunityOpportunity Zone located in Almont, North Dakota.
This 820 square milecensus tract has a population of approximately 4,000and is the only Opportunity Zone in Morton County.
The adjacent map shows the location of this Opportunity Zone in North Dakota.
Census Tract 205 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$61K |
This Opportunity Zone has a median household incomeof approximately $61,000, which is 6% lowerthan the median household income for the state of North Dakota of $65,000.
Poverty Rate
8.2% |
The percentage of households below the poverty line in this Opportunity Zone is 8.2%, which is 3% lowerthan the rate for the state of North Dakota of 11%.
Median Home Value
$125K |
This Opportunity Zone has a median home valueof approximately $120,000, which is 43% 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
47 |
This Opportunity Zone has a median ageof approximately 47, which is 31% higherthan 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.
| Fund Name | Asset Classes | Property Types | Fund Size |
|---|---|---|---|
| Connect UP! Integrated Capital Fund | Business, Real Estate | Affordable Housing, Commercial, Infrastructure, Residential, Workforce Housing | $50M |