Census Tract 1062, Minneapolis, Minnesota

Census Tract 1062 is a Low-Income Community Opportunity Zone located in Minneapolis, Minnesota .

This 0.3 square mile census tract has a population of approximately 3,900 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 1062 Demographics

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

Median Household Income

$36K

This Opportunity Zone has a median household income of approximately $36,000 , which is 52% lower than the median household income for the state of Minnesota of $75,000 .

Poverty Rate

37%

The percentage of households below the poverty line in this Opportunity Zone is 37% , which is 28% higher than the rate for the state of Minnesota of 9% .

Median Home Value

$250K

This Opportunity Zone has a median home value of approximately $250,000 , which is 0% lower than the median home value for the state of Minnesota of $250,000 .

Education

84%

This Opportunity Zone has a percentage of population with high school diploma of approximately 84% , which is 10% lower than the rate for the state of Minnesota of 94% .

Median Age

31

This Opportunity Zone has a median age of approximately 31 , which is 18% 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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