Multifamily Investor Expo - Feb 15th
Census Tract 2024.02, Norman, Oklahoma
Census Tract 2024.02 is a Non-LIC ContiguousOpportunity Zone located in Norman, Oklahoma.
This 75 square milecensus tract has a population of approximately 6,200and is one of 4 Opportunity Zones in Cleveland County.
The adjacent map shows the location of this Opportunity Zone in Oklahoma.
Census Tract 2024.02 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
This Opportunity Zone has a median household incomeof approximately $60,000, which is 11% higherthan the median household income for the state of Oklahoma of $54,000.
The percentage of households below the poverty line in this Opportunity Zone is 17%, which is 2% higherthan the rate for the state of Oklahoma of 15%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $110,000, which is 27% lowerthan the median home value for the state of Oklahoma of $150,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 85%, which is 3% lowerthan the rate for the state of Oklahoma of 88%.
This Opportunity Zone has a median ageof approximately 42, which is 14% higherthan the median age for the state of Oklahoma of 37.
Oklahoma OZ Funds
There are 4QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Oklahomaas a target market. Additional OZ funds may also invest in Oklahoma; see a complete list of Opportunity Zone Funds here.
|Fund Name||Asset Classes||Property Types||Fund Size|
|Elite Opportunity Fund, Inc.||Business||Energy Development||$250M|
|Maxus Opportunity Fund I||Real Estate||Commercial, Residential||$500M|
|Strawberry Fields Lucy Opportunity Zone Fund, LLC||Business, Real Estate||Mixed-Use||$6M|
|Sydney Capital||Business, Real Estate||Affordable Housing, Industrial, Mixed-Use, Warehouse, Workforce Housing|
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Oklahoma properties.