Census Tract 5 is a Low-Income CommunityOpportunity Zone located in Sioux Falls, South Dakota.
This 1 square milecensus tract has a population of approximately 3,500and is one of 4 Opportunity Zones in Minnehaha County.
The adjacent map shows the location of this Opportunity Zone in South Dakota.
Census Tract 5 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 $42,000, which is 30% 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 29%, which is 17% higherthan the rate for the state of South Dakota of 12%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $120,000, which is 37% 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 86%, which is 6% lowerthan the rate for the state of South Dakota of 92%.
This Opportunity Zone has a median ageof approximately 33, which is 13% 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.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on South Dakota properties.