OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 9514, Newport, Vermont
Census Tract 9514 is a Low-Income CommunityOpportunity Zone located in Newport, Vermont.
This 2.7 square milecensus tract has a population of approximately 1,900and is one of 2 Opportunity Zones in Orleans County.
The adjacent map shows the location of this Opportunity Zone in Vermont.
Census Tract 9514 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$55K |
This Opportunity Zone has a median household incomeof approximately $55,000, which is 13% lowerthan the median household income for the state of Vermont of $63,000.
Poverty Rate
9.7% |
The percentage of households below the poverty line in this Opportunity Zone is 9.7%, which is 0% lowerthan the rate for the state of Vermont of 10%.
Median Home Value
$121K |
This Opportunity Zone has a median home valueof approximately $120,000, which is 48% lowerthan the median home value for the state of Vermont of $230,000.
Education
90% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 90%, which is 3% lowerthan the rate for the state of Vermont of 93%.
Median Age
38 |
This Opportunity Zone has a median ageof approximately 38, which is 12% 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 |