Census Tract 8006, Springfield, Massachusetts

Census Tract 8006 is a Low-Income Community Opportunity Zone located in Springfield, Massachusetts .

This 0.3 square mile census tract has a population of approximately 2,400 and is one of 15 Opportunity Zones in Hampden County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 8006 Demographics

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

Median Household Income

$14K

This Opportunity Zone has a median household income of approximately $14,000 , which is 84% lower than the median household income for the state of Massachusetts of $86,000 .

Poverty Rate

59%

The percentage of households below the poverty line in this Opportunity Zone is 59% , which is 50% higher than the rate for the state of Massachusetts of 9.4% .

Median Home Value

$166K

This Opportunity Zone has a median home value of approximately $170,000 , which is 60% lower than the median home value for the state of Massachusetts of $420,000 .

Education

32%

This Opportunity Zone has a percentage of population with high school diploma of approximately 32% , which is 59% lower than the rate for the state of Massachusetts of 91% .

Median Age

24

This Opportunity Zone has a median age of approximately 24 , which is 40% 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.

Similar Opportunity Zones

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