OZ Pitch Day - June 13, 2024
OZ Pitch Day - June 13, 2024
Census Tract 5, Burlington, Vermont
Census Tract 5 is a Low-Income CommunityOpportunity Zone located in Burlington, Vermont.
This 0.2 square milecensus tract has a population of approximately 4,900and is one of 5 Opportunity Zones in Chittenden County.
The adjacent map shows the location of this Opportunity Zone in Vermont.
Census Tract 5 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$28K |
This Opportunity Zone has a median household incomeof approximately $28,000, which is 56% lowerthan the median household income for the state of Vermont of $63,000.
Poverty Rate
56% |
The percentage of households below the poverty line in this Opportunity Zone is 56%, which is 46% higherthan the rate for the state of Vermont of 10%.
Median Home Value
$268K |
This Opportunity Zone has a median home valueof approximately $270,000, which is 17% higherthan the median home value for the state of Vermont of $230,000.
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 Vermont of 93%.
Median Age
22 |
This Opportunity Zone has a median ageof approximately 22, which is 49% lowerthan the median age for the state of Vermont of 43.
Vermont OZ Funds
There are 2QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Vermontas a target market. Additional OZ funds may also invest in Vermont; see a complete list of Opportunity Zone Funds here.
Fund Name | Asset Classes | Property Types | Fund Size |
---|---|---|---|
KindCare Assisted Living | Business, Real Estate | Residential, Senior Housing | $30M |
Strategic Rivermont OZ Fund, LLC | Real Estate | Commercial, Energy Development, Hotel, Mixed-Use, Residential, Stadiums and Arenas, Student Housing | $100M |
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Vermont properties.