OZ Pitch Day - Nov 14th
OZ Pitch Day - Nov 14th
Census Tract 8514, Elgin, Illinois
Census Tract 8514 is a Low-Income Community Opportunity Zone located in Elgin, Illinois .
This 0.8 square mile census tract has a population of approximately 6,600 and is one of 10 Opportunity Zones in Kane County .
The adjacent map shows the location of this Opportunity Zone in Illinois.
Opportunity Zone Map
Map created by OpportunityZones.com
Census Tract 8514 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$55K |
This Opportunity Zone has a median household income of approximately $55,000 , which is 20% lower than the median household income for the state of Illinois of $69,000 .
Poverty Rate
16% |
The percentage of households below the poverty line in this Opportunity Zone is 16% , which is 5% higher than the rate for the state of Illinois of 11% .
Median Home Value
$143K |
This Opportunity Zone has a median home value of approximately $140,000 , which is 33% lower than the median home value for the state of Illinois of $210,000 .
Education
57% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 57% , which is 33% lower than the rate for the state of Illinois of 90% .
Median Age
32 |
This Opportunity Zone has a median age of approximately 32 , which is 18% lower than the median age for the state of Illinois of 39 .
Illinois OZ Funds
To view Illinois Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.
