Census Tract 8009, Springfield, Massachusetts

Census Tract 8009 is a Low-Income Community Opportunity Zone located in Springfield, Massachusetts .

This 0.5 square mile census tract has a population of approximately 4,300 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 8009 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 78% lower than the median household income for the state of Massachusetts of $86,000 .

Poverty Rate

48%

The percentage of households below the poverty line in this Opportunity Zone is 48% , which is 39% higher than the rate for the state of Massachusetts of 9.4% .

Median Home Value

$147K

This Opportunity Zone has a median home value of approximately $150,000 , which is 64% lower than the median home value for the state of Massachusetts of $420,000 .

Education

58%

This Opportunity Zone has a percentage of population with high school diploma of approximately 58% , which is 33% lower than the rate for the state of Massachusetts of 91% .

Median Age

33

This Opportunity Zone has a median age of approximately 33 , which is 17% 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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