OZ Pitch Day - June 19
OZ Pitch Day - June 19
Census Tract 1602, Chelsea, Massachusetts
Census Tract 1602 is a Low-Income Community Opportunity Zone located in Chelsea, Massachusetts .
This 0.1 square mile census tract has a population of approximately 4,200 and is one of 18 Opportunity Zones in Suffolk County .
The adjacent map shows the location of this Opportunity Zone in Massachusetts.
Opportunity Zone Map
Map created by OpportunityZones.com
Census Tract 1602 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$50K |
This Opportunity Zone has a median household income of approximately $50,000 , which is 42% lower than the median household income for the state of Massachusetts of $86,000 .
Poverty Rate
20% |
The percentage of households below the poverty line in this Opportunity Zone is 20% , which is 11% higher than the rate for the state of Massachusetts of 9.4% .
Median Home Value
$355K |
This Opportunity Zone has a median home value of approximately $360,000 , which is 14% lower than the median home value for the state of Massachusetts of $420,000 .
Education
57% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 57% , which is 34% lower than the rate for the state of Massachusetts of 91% .
Median Age
29 |
This Opportunity Zone has a median age of approximately 29 , which is 27% 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.
