Census Tract 1048, Minneapolis, Minnesota

Census Tract 1048 is a Low-Income Community Opportunity Zone located in Minneapolis, Minnesota .

This 0.5 square mile census tract has a population of approximately 10,000 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 1048 Demographics

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

Median Household Income

$22K

This Opportunity Zone has a median household income of approximately $22,000 , which is 71% 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

$139K

This Opportunity Zone has a median home value of approximately $140,000 , which is 44% lower than the median home value for the state of Minnesota of $250,000 .

Education

69%

This Opportunity Zone has a percentage of population with high school diploma of approximately 69% , which is 25% lower than the rate for the state of Minnesota of 94% .

Median Age

21

This Opportunity Zone has a median age of approximately 21 , which is 45% 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.

Similar Opportunity Zones

Archives

Categories

Featured Webinar

San Jose OZ Projects