Census Tract 2, Ocean Shores, Washington

Census Tract 2 is a Low-Income CommunityOpportunity Zone located in Ocean Shores, Washington.

This 120 square milecensus tract has a population of approximately 8,100and is one of 3 Opportunity Zones in Grays Harbor County.

The adjacent map shows the location of this Opportunity Zone in Washington.

Census Tract 2 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

Median Household Income

$47K

This Opportunity Zone has a median household incomeof approximately $47,000, which is 41% lowerthan the median household income for the state of Washington of $79,000.

Poverty Rate

11%

The percentage of households below the poverty line in this Opportunity Zone is 11%, which is 1% higherthan the rate for the state of Washington of 9.8%.

Median Home Value

$221K

This Opportunity Zone has a median home valueof approximately $220,000, which is 44% lowerthan the median home value for the state of Washington of $390,000.

Education

88%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 88%, which is 4% lowerthan the rate for the state of Washington of 92%.

Median Age

60

This Opportunity Zone has a median ageof approximately 60, which is 58% higherthan the median age for the state of Washington of 38.

Washington OZ Funds

There are 16QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Washingtonas a target market. Additional OZ funds may also invest in Washington; see a complete list of Opportunity Zone Funds here.

Fund Name Asset Classes Property Types Fund Size
Starpoint Opportunity Zone Fund Premium Listing Real Estate Industrial, Mixed-Use, Multi-Family Housing $100M
Arcis Student Housing OZ, LLC Real Estate Affordable Housing, Hotel, Multi-Family Housing, Student Housing
Community Outcome Fund Business, Real Estate Commercial, Infrastructure, Mixed-Use, Residential $500M
Fundrise Opportunity Fund Real Estate Commercial, Mixed-Use, Residential $500M
Galena Opportunity Fund Real Estate Residential $500M
Local Grown Salads Baltimore Opportunity Zone Fund Business, Real Estate Farmland, Industrial $10M
Normandy Opportunity Zone Fund LP Real Estate Commercial, Industrial, Mixed-Use, Office, Residential $250M
OZFund, LP Business, Real Estate Affordable Housing, Mixed-Use
P2P Electric Business, Real Estate Commercial, Education, Energy Development $500K
Papillon Opportunity Fund Business, Real Estate Hotel, Mixed-Use, Office, Parking $50M
PICOZ Fund I Real Estate Mixed-Use, Multi-Family Housing, Residential, Single-Family Housing $100M
Pinnacle Partners Opportunity Zone Fund Business, Real Estate Affordable Housing, Industrial, Multi-Family Housing, Office, Residential, Senior Housing $200M
REICO Business, Real Estate Commercial, Multi-Family Housing, Residential, Storage $150M
SmartCap Opportunity Zone Fund Real Estate Industrial $15M
Sortis Opportunity Zone Fund I Real Estate Hotel, Office, Residential, Senior Housing $100M
Sound West OZ Fund I Real Estate Hotel, Mixed-Use, Parking, Residential $50M

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