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Census Tract 5, Racine, Wisconsin
Census Tract 5 is a Low-Income CommunityOpportunity Zone located in Racine, Wisconsin.
This 0.7 square milecensus tract has a population of approximately 4,900and is one of 3 Opportunity Zones in Racine County.
The adjacent map shows the location of this Opportunity Zone in Wisconsin.
Census Tract 5 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
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Median Household Income
$25K |
This Opportunity Zone has a median household incomeof approximately $25,000, which is 61% lowerthan the median household income for the state of Wisconsin of $64,000.
Poverty Rate
47% |
The percentage of households below the poverty line in this Opportunity Zone is 47%, which is 37% higherthan the rate for the state of Wisconsin of 10%.
Median Home Value
$65K |
This Opportunity Zone has a median home valueof approximately $65,000, which is 67% lowerthan the median home value for the state of Wisconsin of $200,000.
Education
62% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 62%, which is 31% lowerthan the rate for the state of Wisconsin of 93%.
Median Age
27 |
This Opportunity Zone has a median ageof approximately 27, which is 32% 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.
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