OZ Pitch Day - June 19
OZ Pitch Day - June 19
Census Tract 647, Melbourne, Florida
Census Tract 647 is a Low-Income Community Opportunity Zone located in Melbourne, Florida .
This 6.5 square mile census tract has a population of approximately 4,000 and is one of 9 Opportunity Zones in Brevard County .
The adjacent map shows the location of this Opportunity Zone in Florida.
Opportunity Zone Map
Map created by OpportunityZones.com
Census Tract 647 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 39% lower than the median household income for the state of Florida of $59,000 .
Poverty Rate
24% |
The percentage of households below the poverty line in this Opportunity Zone is 24% , which is 11% higher than the rate for the state of Florida of 13% .
Median Home Value
$84K |
This Opportunity Zone has a median home value of approximately $84,000 , which is 66% lower than the median home value for the state of Florida of $250,000 .
Education
91% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 91% , which is 3% higher than the rate for the state of Florida of 88% .
Median Age
57 |
This Opportunity Zone has a median age of approximately 57 , which is 36% higher than the median age for the state of Florida of 42 .
Florida OZ Funds
To view Florida Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.
