OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 1106, Cedar Highlands, Utah
Census Tract 1106 is a Low-Income CommunityOpportunity Zone located in Cedar Highlands, Utah.
This 130 square milecensus tract has a population of approximately 6,500and is one of 2 Opportunity Zones in Iron County.
The adjacent map shows the location of this Opportunity Zone in Utah.
Census Tract 1106 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$34K |
This Opportunity Zone has a median household incomeof approximately $34,000, which is 55% lowerthan the median household income for the state of Utah of $76,000.
Poverty Rate
34% |
The percentage of households below the poverty line in this Opportunity Zone is 34%, which is 25% higherthan the rate for the state of Utah of 8.9%.
Median Home Value
$186K |
This Opportunity Zone has a median home valueof approximately $190,000, which is 42% lowerthan the median home value for the state of Utah of $330,000.
Education
98% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 98%, which is 5% higherthan the rate for the state of Utah of 93%.
Median Age
26 |
This Opportunity Zone has a median ageof approximately 26, which is 16% lowerthan 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.