Census Tract 31, Spokane, Washington

Census Tract 31 is a Low-Income CommunityOpportunity Zone located in Spokane, Washington.

This 0.9 square milecensus tract has a population of approximately 4,900and is one of 11 Opportunity Zones in Spokane County.

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

Census Tract 31 Demographics

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

Advertisement

Median Household Income

$42K

This Opportunity Zone has a median household incomeof approximately $42,000, which is 47% lowerthan the median household income for the state of Washington of $79,000.

Poverty Rate

24%

The percentage of households below the poverty line in this Opportunity Zone is 24%, which is 14% higherthan the rate for the state of Washington of 9.8%.

Median Home Value

$183K

This Opportunity Zone has a median home valueof approximately $180,000, which is 54% lowerthan the median home value for the state of Washington of $390,000.

Education

97%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 97%, which is 5% higherthan the rate for the state of Washington of 92%.

Median Age

36

This Opportunity Zone has a median ageof approximately 36, which is 5% lowerthan 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

Similar Opportunity Zones

Archives

Categories