OZ Pitch Day - June 13, 2024
Days
Hrs
Mins
Secs
OZ Pitch Day - June 13, 2024
Census Tract 1, Racine, Wisconsin
Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Racine, Wisconsin.
This 0.2 square milecensus tract has a population of approximately 1,100and is one of 3 Opportunity Zones in Racine County.
The adjacent map shows the location of this Opportunity Zone in Wisconsin.
Census Tract 1 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$27K |
This Opportunity Zone has a median household incomeof approximately $27,000, which is 58% lowerthan the median household income for the state of Wisconsin of $64,000.
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 Wisconsin of 10%.
Median Home Value
$255K |
This Opportunity Zone has a median home valueof approximately $260,000, which is 30% higherthan the median home value for the state of Wisconsin of $200,000.
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 Wisconsin of 93%.
Median Age
47 |
This Opportunity Zone has a median ageof approximately 47, which is 18% higherthan 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 |