OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 982, Smithville, Oklahoma
Census Tract 982 is a Low-Income CommunityOpportunity Zone located in Smithville, Oklahoma.
This 690 square milecensus tract has a population of approximately 2,700and is one of 4 Opportunity Zones in McCurtain County.
The adjacent map shows the location of this Opportunity Zone in Oklahoma.
Census Tract 982 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$40K |
This Opportunity Zone has a median household incomeof approximately $40,000, which is 26% lowerthan the median household income for the state of Oklahoma of $54,000.
Poverty Rate
21% |
The percentage of households below the poverty line in this Opportunity Zone is 21%, which is 6% higherthan the rate for the state of Oklahoma of 15%.
Median Home Value
$83K |
This Opportunity Zone has a median home valueof approximately $83,000, which is 45% lowerthan the median home value for the state of Oklahoma of $150,000.
Education
83% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 83%, which is 5% lowerthan the rate for the state of Oklahoma of 88%.
Median Age
39 |
This Opportunity Zone has a median ageof approximately 39, which is 5% 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 |