OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 24, Provo, Utah
Census Tract 24 is a Low-Income CommunityOpportunity Zone located in Provo, Utah.
This 0.4 square milecensus tract has a population of approximately 1,700and is one of 5 Opportunity Zones in Utah County.
The adjacent map shows the location of this Opportunity Zone in Utah.
Census Tract 24 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$40K |
This Opportunity Zone has a median household incomeof approximately $40,000, which is 47% 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
$288K |
This Opportunity Zone has a median home valueof approximately $290,000, which is 12% lowerthan the median home value for the state of Utah of $330,000.
Education
94% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 94%, which is 1% higherthan the rate for the state of Utah of 93%.
Median Age
24 |
This Opportunity Zone has a median ageof approximately 24, which is 23% 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.