OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 1116, South Salt Lake, Utah
Census Tract 1116 is a Low-Income CommunityOpportunity Zone located in South Salt Lake, Utah.
This 2.6 square milecensus tract has a population of approximately 7,300and is one of 15 Opportunity Zones in Salt Lake County.
The adjacent map shows the location of this Opportunity Zone in Utah.
Census Tract 1116 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$41K |
This Opportunity Zone has a median household incomeof approximately $41,000, which is 46% lowerthan the median household income for the state of Utah of $76,000.
Poverty Rate
15% |
The percentage of households below the poverty line in this Opportunity Zone is 15%, which is 6% higherthan the rate for the state of Utah of 8.9%.
Median Home Value
$213K |
This Opportunity Zone has a median home valueof approximately $210,000, which is 36% lowerthan the median home value for the state of Utah of $330,000.
Education
91% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 91%, which is 2% lowerthan the rate for the state of Utah of 93%.
Median Age
31 |
This Opportunity Zone has a median ageof approximately 31, which is 0% 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.