Census Tract 1040, Minneapolis, Minnesota

Census Tract 1040 is a Low-Income Community Opportunity Zone located in Minneapolis, Minnesota .

This 2.2 square mile census tract has a population of approximately 6,700 and is one of 25 Opportunity Zones in Hennepin County .

The adjacent map shows the location of this Opportunity Zone in Minnesota.

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 1040 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

Median Household Income

$43K

This Opportunity Zone has a median household income of approximately $43,000 , which is 43% lower than the median household income for the state of Minnesota of $75,000 .

Poverty Rate

42%

The percentage of households below the poverty line in this Opportunity Zone is 42% , which is 33% higher than the rate for the state of Minnesota of 9% .

Median Home Value

$194K

This Opportunity Zone has a median home value of approximately $190,000 , which is 24% lower than the median home value for the state of Minnesota of $250,000 .

Education

93%

This Opportunity Zone has a percentage of population with high school diploma of approximately 93% , which is 1% lower than the rate for the state of Minnesota of 94% .

Median Age

24

This Opportunity Zone has a median age of approximately 24 , which is 37% lower than the median age for the state of Minnesota of 38 .

Minnesota OZ Funds

To view Minnesota Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.

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