OZ Pitch Day - June 19
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OZ Pitch Day - June 19
Census Tract 3501.03, Somerville, Massachusetts
Census Tract 3501.03 is a Low-Income Community Opportunity Zone located in Somerville, Massachusetts .
This 0.3 square mile census tract has a population of approximately 2,300 and is one of 16 Opportunity Zones in Middlesex County .
The adjacent map shows the location of this Opportunity Zone in Massachusetts.
Opportunity Zone Map
Map created by OpportunityZones.com
Census Tract 3501.03 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$108K |
This Opportunity Zone has a median household income of approximately $110,000 , which is 28% higher than the median household income for the state of Massachusetts of $86,000 .
Poverty Rate
2.1% |
The percentage of households below the poverty line in this Opportunity Zone is 2.1% , which is 7% lower than the rate for the state of Massachusetts of 9.4% .
Median Home Value
$642K |
This Opportunity Zone has a median home value of approximately $640,000 , which is 52% higher than the median home value for the state of Massachusetts of $420,000 .
Education
95% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 95% , which is 4% higher than the rate for the state of Massachusetts of 91% .
Median Age
34 |
This Opportunity Zone has a median age of approximately 34 , which is 15% lower than the median age for the state of Massachusetts of 40 .
Massachusetts OZ Funds
To view Massachusetts Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.