OZ Pitch Day - March 23rd
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OZ Pitch Day - March 23rd
Census Tract 9657, Vermillion, South Dakota
Census Tract 9657 is a Low-Income CommunityOpportunity Zone located in Vermillion, South Dakota.
This 27 square milecensus tract has a population of approximately 4,800and is the only Opportunity Zone in Clay County.
The adjacent map shows the location of this Opportunity Zone in South Dakota.
Census Tract 9657 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
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Median Household Income
$64K |
This Opportunity Zone has a median household incomeof approximately $64,000, which is 7% higherthan the median household income for the state of South Dakota of $60,000.
Poverty Rate
18% |
The percentage of households below the poverty line in this Opportunity Zone is 18%, which is 6% higherthan the rate for the state of South Dakota of 12%.
Median Home Value
$198K |
This Opportunity Zone has a median home valueof approximately $200,000, which is 5% higherthan the median home value for the state of South Dakota of $190,000.
Education
97% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 97%, which is 5% higherthan the rate for the state of South Dakota of 92%.
Median Age
31 |
This Opportunity Zone has a median ageof approximately 31, which is 18% lowerthan the median age for the state of South Dakota of 38.
South Dakota OZ Funds
There are 2QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify South Dakotaas a target market. Additional OZ funds may also invest in South Dakota; see a complete list of Opportunity Zone Funds here.
| Fund Name | Asset Classes | Property Types | Fund Size |
|---|---|---|---|
| Connect UP! Integrated Capital Fund | Business, Real Estate | Affordable Housing, Commercial, Infrastructure, Residential, Workforce Housing | $50M |
| Elite Opportunity Fund, Inc. | Business | Energy Development | $250M |