OZ Pitch Day - June 13, 2024
OZ Pitch Day - June 13, 2024
Census Tract 1, Okmulgee, Oklahoma
Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Okmulgee, Oklahoma.
This 4 square milecensus tract has a population of approximately 3,000and is one of 2 Opportunity Zones in Okmulgee County.
The adjacent map shows the location of this Opportunity Zone in Oklahoma.
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
$29K |
This Opportunity Zone has a median household incomeof approximately $29,000, which is 46% lowerthan the median household income for the state of Oklahoma of $54,000.
Poverty Rate
23% |
The percentage of households below the poverty line in this Opportunity Zone is 23%, which is 8% higherthan the rate for the state of Oklahoma of 15%.
Median Home Value
$74K |
This Opportunity Zone has a median home valueof approximately $74,000, which is 51% lowerthan the median home value for the state of Oklahoma of $150,000.
Education
80% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 80%, which is 8% lowerthan the rate for the state of Oklahoma of 88%.
Median Age
26 |
This Opportunity Zone has a median ageof approximately 26, which is 30% lowerthan 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.