Census Tract 7, Sioux Falls, South Dakota

Census Tract 7 is a Low-Income CommunityOpportunity Zone located in Sioux Falls, South Dakota.

This 0.7 square milecensus tract has a population of approximately 5,800and is one of 4 Opportunity Zones in Minnehaha County.

The adjacent map shows the location of this Opportunity Zone in South Dakota.

Census Tract 7 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

$37K

This Opportunity Zone has a median household incomeof approximately $37,000, which is 38% lowerthan the median household income for the state of South Dakota of $60,000.

Poverty Rate

19%

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

$110K

This Opportunity Zone has a median home valueof approximately $110,000, which is 42% lowerthan the median home value for the state of South Dakota of $190,000.

Education

83%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 83%, which is 9% lowerthan the rate for the state of South Dakota of 92%.

Median Age

30

This Opportunity Zone has a median ageof approximately 30, which is 21% 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.

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