OZ Pitch Day - March 23rd
Census Tract 9602, Madison, South Dakota
Census Tract 9602 is a Low-Income CommunityOpportunity Zone located in Madison, South Dakota.
This 16 square milecensus tract has a population of approximately 7,300and is the only Opportunity Zone in Lake County.
The adjacent map shows the location of this Opportunity Zone in South Dakota.
Census Tract 9602 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 $56,000, which is 7% lowerthan the median household income for the state of South Dakota of $60,000.
The percentage of households below the poverty line in this Opportunity Zone is 19%, which is 7% higherthan the rate for the state of South Dakota of 12%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $130,000, which is 32% lowerthan the median home value for the state of South Dakota of $190,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 88%, which is 4% lowerthan the rate for the state of South Dakota of 92%.
This Opportunity Zone has a median ageof approximately 36, which is 5% 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|
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on South Dakota properties.