Census Tract 1806, Albert Lea, Minnesota

Census Tract 1806 is a Low-Income Community Opportunity Zone located in Albert Lea, Minnesota .

This 5.6 square mile census tract has a population of approximately 3,800 and is the only Opportunity Zone in Freeborn County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 1806 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

14%

The percentage of households below the poverty line in this Opportunity Zone is 14% , which is 5% higher than the rate for the state of Minnesota of 9% .

Median Home Value

$72K

This Opportunity Zone has a median home value of approximately $72,000 , which is 71% lower than the median home value for the state of Minnesota of $250,000 .

Education

80%

This Opportunity Zone has a percentage of population with high school diploma of approximately 80% , which is 14% lower than the rate for the state of Minnesota of 94% .

Median Age

41

This Opportunity Zone has a median age of approximately 41 , which is 8% higher 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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