OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 3, Castle Valley, Utah
Census Tract 3 is a Low-Income CommunityOpportunity Zone located in Castle Valley, Utah.
This 3,700 square milecensus tract has a population of approximately 5,300and is the only Opportunity Zone in Grand County.
The adjacent map shows the location of this Opportunity Zone in Utah.
Census Tract 3 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$52K |
This Opportunity Zone has a median household incomeof approximately $52,000, which is 32% lowerthan the median household income for the state of Utah of $76,000.
Poverty Rate
6.6% |
The percentage of households below the poverty line in this Opportunity Zone is 6.6%, which is 2% lowerthan the rate for the state of Utah of 8.9%.
Median Home Value
$266K |
This Opportunity Zone has a median home valueof approximately $270,000, which is 18% lowerthan the median home value for the state of Utah of $330,000.
Education
93% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 93%, which is 0% lowerthan the rate for the state of Utah of 93%.
Median Age
41 |
This Opportunity Zone has a median ageof approximately 41, which is 32% higherthan the median age for the state of Utah of 31.
Utah OZ Funds
There are 12QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Utahas a target market. Additional OZ funds may also invest in Utah; see a complete list of Opportunity Zone Funds here.