OZ Pitch Day - March 23rd
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OZ Pitch Day - March 23rd
Census Tract 102, Rapid City, South Dakota
Census Tract 102 is a Low-Income CommunityOpportunity Zone located in Rapid City, South Dakota.
This 1.7 square milecensus tract has a population of approximately 5,400and is one of 4 Opportunity Zones in Pennington County.
The adjacent map shows the location of this Opportunity Zone in South Dakota.
Census Tract 102 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
$32K |
This Opportunity Zone has a median household incomeof approximately $32,000, which is 47% lowerthan the median household income for the state of South Dakota of $60,000.
Poverty Rate
26% |
The percentage of households below the poverty line in this Opportunity Zone is 26%, which is 14% higherthan the rate for the state of South Dakota of 12%.
Median Home Value
$119K |
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.
Education
87% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 87%, which is 5% lowerthan the rate for the state of South Dakota of 92%.
Median Age
34 |
This Opportunity Zone has a median ageof approximately 34, which is 11% 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 |