Multifamily Investor Expo - Feb 15th
Census Tract 3, Springfield, Ohio
Census Tract 3 is a Low-Income CommunityOpportunity Zone located in Springfield, Ohio.
This 0.4 square milecensus tract has a population of approximately 1,700and is one of 4 Opportunity Zones in Clark County.
The adjacent map shows the location of this Opportunity Zone in Ohio.
Census Tract 3 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 $27,000, which is 54% lowerthan the median household income for the state of Ohio of $59,000.
The percentage of households below the poverty line in this Opportunity Zone is 47%, which is 34% higherthan the rate for the state of Ohio of 13%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $45,000, which is 72% lowerthan the median home value for the state of Ohio of $160,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 67%, which is 24% lowerthan the rate for the state of Ohio of 91%.
This Opportunity Zone has a median ageof approximately 33, which is 17% lowerthan the median age for the state of Ohio of 40.
Ohio OZ Funds
There are 9QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Ohioas a target market. Additional OZ funds may also invest in Ohio; see a complete list of Opportunity Zone Funds here.
|Fund Name||Asset Classes||Property Types||Fund Size|
|Cleveland Opportunity Zone Fund Premium Listing||Real Estate||Industrial, Mixed-Use, Multi-Family Housing, Storage||$50M|
|Nest Opportunity Fund Premium Listing||Real Estate||Multi-Family Housing, Residential||$50M|
|Accredited Capital||Real Estate||Multi-Family Housing, Residential, Single-Family Housing||$25M|
|Alpha Opportunity Zone Fund I||Real Estate||Affordable Housing, Residential, Student Housing||$250M|
|CLE OZ Fund||Real Estate||Commercial||$20M|
|Community Outcome Fund||Business, Real Estate||Commercial, Infrastructure, Mixed-Use, Residential||$500M|
|Kunst QOZF||Real Estate||Multi-Family Housing||$10M|
|Milhaus QOZ Fund II||Real Estate||Commercial, Mixed-Use, Multi-Family Housing||$78M|
|Woodforest CEI-Boulos Opportunity Fund||Real Estate||Workforce Housing||$22M|
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Ohio properties.