OZ Pitch Day - March 23rd
OZ Pitch Day - March 23rd
Census Tract 105, Rapid City, South Dakota
Census Tract 105 is a Low-Income CommunityOpportunity Zone located in Rapid City, South Dakota.
This 1.7 square milecensus tract has a population of approximately 2,900and is one of 4 Opportunity Zones in Pennington County.
The adjacent map shows the location of this Opportunity Zone in South Dakota.
Census Tract 105 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
$24K |
This Opportunity Zone has a median household incomeof approximately $24,000, which is 60% lowerthan the median household income for the state of South Dakota of $60,000.
Poverty Rate
33% |
The percentage of households below the poverty line in this Opportunity Zone is 33%, which is 21% higherthan the rate for the state of South Dakota of 12%.
Median Home Value
$66K |
This Opportunity Zone has a median home valueof approximately $66,000, which is 65% lowerthan the median home value for the state of South Dakota of $190,000.
Education
80% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 80%, which is 12% lowerthan the rate for the state of South Dakota of 92%.
Median Age
25 |
This Opportunity Zone has a median ageof approximately 25, which is 34% 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 |
