OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 6, Rice Lake, Wisconsin
Census Tract 6 is a Low-Income CommunityOpportunity Zone located in Rice Lake, Wisconsin.
This 7.1 square milecensus tract has a population of approximately 6,100and is one of 2 Opportunity Zones in Barron County.
The adjacent map shows the location of this Opportunity Zone in Wisconsin.
Census Tract 6 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$51K |
This Opportunity Zone has a median household incomeof approximately $51,000, which is 20% lowerthan the median household income for the state of Wisconsin of $64,000.
Poverty Rate
14% |
The percentage of households below the poverty line in this Opportunity Zone is 14%, which is 4% higherthan the rate for the state of Wisconsin of 10%.
Median Home Value
$152K |
This Opportunity Zone has a median home valueof approximately $150,000, which is 25% lowerthan the median home value for the state of Wisconsin of $200,000.
Education
96% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 96%, which is 3% higherthan the rate for the state of Wisconsin of 93%.
Median Age
38 |
This Opportunity Zone has a median ageof approximately 38, which is 5% lowerthan the median age for the state of Wisconsin of 40.
Wisconsin OZ Funds
There are 2QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Wisconsinas a target market. Additional OZ funds may also invest in Wisconsin; see a complete list of Opportunity Zone Funds here.
| Fund Name | Asset Classes | Property Types | Fund Size |
|---|---|---|---|
| P&R Opportunity Zone Fund 1, LP | Business, Real Estate | Healthcare, Office, Storage | $145M |
| Peachtree Hotel Group | Real Estate | Hotel | $100M |