Census Tract 1604, Chelsea, Massachusetts

Census Tract 1604 is a Low-Income Community Opportunity Zone located in Chelsea, Massachusetts .

This 0.5 square mile census tract has a population of approximately 3,300 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 1604 Demographics

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

Median Household Income

$59K

This Opportunity Zone has a median household income of approximately $59,000 , which is 31% lower than the median household income for the state of Massachusetts of $86,000 .

Poverty Rate

18%

The percentage of households below the poverty line in this Opportunity Zone is 18% , which is 9% higher than the rate for the state of Massachusetts of 9.4% .

Median Home Value

$369K

This Opportunity Zone has a median home value of approximately $370,000 , which is 12% lower than the median home value for the state of Massachusetts of $420,000 .

Education

68%

This Opportunity Zone has a percentage of population with high school diploma of approximately 68% , which is 23% lower than the rate for the state of Massachusetts of 91% .

Median Age

35

This Opportunity Zone has a median age of approximately 35 , which is 12% 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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