Census Tract 8012, Springfield, Massachusetts

Census Tract 8012 is a Low-Income Community Opportunity Zone located in Springfield, Massachusetts .

This 0.3 square mile census tract has a population of approximately 2,500 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 8012 Demographics

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

Median Household Income

$13K

This Opportunity Zone has a median household income of approximately $13,000 , which is 85% lower than the median household income for the state of Massachusetts of $86,000 .

Poverty Rate

62%

The percentage of households below the poverty line in this Opportunity Zone is 62% , which is 53% higher than the rate for the state of Massachusetts of 9.4% .

Median Home Value

$0

This Opportunity Zone has a median home value of approximately $0 , which is 100% lower than the median home value for the state of Massachusetts of $420,000 .

Education

73%

This Opportunity Zone has a percentage of population with high school diploma of approximately 73% , which is 18% lower than the rate for the state of Massachusetts of 91% .

Median Age

31

This Opportunity Zone has a median age of approximately 31 , which is 22% 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.

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