OZ Pitch Day - Nov 14th
OZ Pitch Day - Nov 14th
Census Tract 8018, Springfield, Massachusetts
Census Tract 8018 is a Low-Income Community Opportunity Zone located in Springfield, Massachusetts .
This 0.5 square mile census tract has a population of approximately 4,200 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 8018 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$29K |
This Opportunity Zone has a median household income of approximately $29,000 , which is 66% lower than the median household income for the state of Massachusetts of $86,000 .
Poverty Rate
41% |
The percentage of households below the poverty line in this Opportunity Zone is 41% , which is 32% higher than the rate for the state of Massachusetts of 9.4% .
Median Home Value
$105K |
This Opportunity Zone has a median home value of approximately $110,000 , which is 74% lower than the median home value for the state of Massachusetts of $420,000 .
Education
66% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 66% , which is 25% lower than the rate for the state of Massachusetts of 91% .
Median Age
25 |
This Opportunity Zone has a median age of approximately 25 , which is 37% 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.
