OZ Pitch Day - June 13, 2024
OZ Pitch Day - June 13, 2024
Census Tract 1, Marion, Ohio
Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Marion, Ohio.
This 0.3 square milecensus tract has a population of approximately 1,100and is the only Opportunity Zone in Marion County.
The adjacent map shows the location of this Opportunity Zone in Ohio.
Census Tract 1 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$21K |
This Opportunity Zone has a median household incomeof approximately $21,000, which is 64% lowerthan the median household income for the state of Ohio of $59,000.
Poverty Rate
35% |
The percentage of households below the poverty line in this Opportunity Zone is 35%, which is 22% higherthan the rate for the state of Ohio of 13%.
Median Home Value
$47K |
This Opportunity Zone has a median home valueof approximately $47,000, which is 71% lowerthan the median home value for the state of Ohio of $160,000.
Education
80% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 80%, which is 11% lowerthan the rate for the state of Ohio of 91%.
Median Age
32 |
This Opportunity Zone has a median ageof approximately 32, which is 20% 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.