Multifamily Investor Expo - Feb 15th
Census Tract 1139.06, Magna, Utah
Census Tract 1139.06 is a Low-Income CommunityOpportunity Zone located in Magna, Utah.
This 62 square milecensus tract has a population of approximately 4,100and is one of 15 Opportunity Zones in Salt Lake County.
The adjacent map shows the location of this Opportunity Zone in Utah.
Census Tract 1139.06 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
This Opportunity Zone has a median household incomeof approximately $49,000, which is 36% lowerthan the median household income for the state of Utah of $76,000.
The percentage of households below the poverty line in this Opportunity Zone is 16%, which is 7% higherthan the rate for the state of Utah of 8.9%.
Median Home Value
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.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 75%, which is 18% lowerthan the rate for the state of Utah of 93%.
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.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Utah properties.