Census Tract 3, Memphis, Tennessee

Census Tract 3 is a Low-Income Community Opportunity Zone located in Memphis, Tennessee .

This 1.1 square mile census tract has a population of approximately 770 and is one of 32 Opportunity Zones in Shelby County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 3 Demographics

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

Median Household Income

$19K

This Opportunity Zone has a median household income of approximately $19,000 , which is 66% lower than the median household income for the state of Tennessee of $56,000 .

Poverty Rate

30%

The percentage of households below the poverty line in this Opportunity Zone is 30% , which is 16% higher than the rate for the state of Tennessee of 14% .

Median Home Value

$49K

This Opportunity Zone has a median home value of approximately $49,000 , which is 74% lower than the median home value for the state of Tennessee of $190,000 .

Education

81%

This Opportunity Zone has a percentage of population with high school diploma of approximately 81% , which is 7% lower than the rate for the state of Tennessee of 88% .

Median Age

49

This Opportunity Zone has a median age of approximately 49 , which is 26% higher than the median age for the state of Tennessee of 39 .

Tennessee OZ Funds

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

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