OZ Pitch Day - Mar 6, 2025
OZ Pitch Day - Mar 6, 2025
Census Tract 2042, Salem, Massachusetts
Census Tract 2042 is a Low-Income Community Opportunity Zone located in Salem, Massachusetts .
This 0.4 square mile census tract has a population of approximately 4,900 and is one of 20 Opportunity Zones in Essex County .
The adjacent map shows the location of this Opportunity Zone in Massachusetts.
Opportunity Zone Map
Map created by OpportunityZones.com
Census Tract 2042 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 36% lower than the median household income for the state of Massachusetts of $86,000 .
Poverty Rate
26% |
The percentage of households below the poverty line in this Opportunity Zone is 26% , which is 17% higher than the rate for the state of Massachusetts of 9.4% .
Median Home Value
$379K |
This Opportunity Zone has a median home value of approximately $380,000 , which is 10% lower than the median home value for the state of Massachusetts of $420,000 .
Education
90% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 90% , which is 1% lower than the rate for the state of Massachusetts of 91% .
Median Age
37 |
This Opportunity Zone has a median age of approximately 37 , which is 7% 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.
