OZ Pitch Day - July 20, 2023
Census Tract 9505, Spooner, Wisconsin
Census Tract 9505 is a Low-Income CommunityOpportunity Zone located in Spooner, Wisconsin.
This 110 square milecensus tract has a population of approximately 5,000and is the only Opportunity Zone in Washburn County.
The adjacent map shows the location of this Opportunity Zone in Wisconsin.
Census Tract 9505 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 $48,000, which is 25% 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 16%, which is 6% higherthan the rate for the state of Wisconsin of 10%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $140,000, which is 30% lowerthan 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 91%, which is 2% lowerthan the rate for the state of Wisconsin of 93%.
This Opportunity Zone has a median ageof approximately 50, which is 25% 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.