Census Tract 5, Buffalo, New York

Census Tract 5 is a Low-Income Community Opportunity Zone located in Buffalo, New York .

This 1.6 square mile census tract has a population of approximately 1,700 and is one of 23 Opportunity Zones in Erie County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 5 Demographics

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

Median Household Income

$27K

This Opportunity Zone has a median household income of approximately $27,000 , which is 62% lower than the median household income for the state of New York of $72,000 .

Poverty Rate

40%

The percentage of households below the poverty line in this Opportunity Zone is 40% , which is 27% higher than the rate for the state of New York of 13% .

Median Home Value

$54K

This Opportunity Zone has a median home value of approximately $54,000 , which is 84% lower than the median home value for the state of New York of $340,000 .

Education

77%

This Opportunity Zone has a percentage of population with high school diploma of approximately 77% , which is 11% lower than the rate for the state of New York of 88% .

Median Age

42

This Opportunity Zone has a median age of approximately 42 , which is 8% higher than the median age for the state of New York of 39 .

New York OZ Funds

To view New York Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.

Similar Opportunity Zones

Archives

Categories