OZ Pitch Day - July 20, 2023
Census Tract 25, Provo, Utah
Census Tract 25 is a Low-Income CommunityOpportunity Zone located in Provo, Utah.
This 0.4 square milecensus tract has a population of approximately 4,700and is one of 5 Opportunity Zones in Utah County.
The adjacent map shows the location of this Opportunity Zone in Utah.
Census Tract 25 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 $34,000, which is 55% 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 23%, which is 14% higherthan the rate for the state of Utah of 8.9%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $200,000, which is 39% 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 89%, which is 4% lowerthan the rate for the state of Utah of 93%.
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.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Utah properties.