OZ Pitch Day - March 7, 2024
OZ Pitch Day - March 7, 2024
Census Tract 4, Racine, Wisconsin
Census Tract 4 is a Low-Income CommunityOpportunity Zone located in Racine, Wisconsin.
This 0.7 square milecensus tract has a population of approximately 3,500and is one of 3 Opportunity Zones in Racine County.
The adjacent map shows the location of this Opportunity Zone in Wisconsin.
Census Tract 4 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$24K |
This Opportunity Zone has a median household incomeof approximately $24,000, which is 62% lowerthan the median household income for the state of Wisconsin of $64,000.
Poverty Rate
51% |
The percentage of households below the poverty line in this Opportunity Zone is 51%, which is 41% higherthan the rate for the state of Wisconsin of 10%.
Median Home Value
$75K |
This Opportunity Zone has a median home valueof approximately $75,000, which is 62% lowerthan the median home value for the state of Wisconsin of $200,000.
Education
67% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 67%, which is 26% lowerthan the rate for the state of Wisconsin of 93%.
Median Age
28 |
This Opportunity Zone has a median ageof approximately 28, which is 30% 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 |
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Wisconsin properties.