OZ Pitch Day - July 20, 2023
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
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.
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
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.
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%.
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|
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Wisconsin properties.