Census Tract 75.01, Newark, New Jersey

Census Tract 75.01 is a Low-Income Community Opportunity Zone located in Newark, New Jersey .

This 0.8 square mile census tract has a population of approximately 4,700 and is one of 23 Opportunity Zones in Essex County .

The adjacent map shows the location of this Opportunity Zone in New Jersey.

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 75.01 Demographics

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

Median Household Income

$21K

This Opportunity Zone has a median household income of approximately $21,000 , which is 76% lower than the median household income for the state of New Jersey of $86,000 .

Poverty Rate

49%

The percentage of households below the poverty line in this Opportunity Zone is 49% , which is 40% higher than the rate for the state of New Jersey of 9.2% .

Median Home Value

$285K

This Opportunity Zone has a median home value of approximately $280,000 , which is 20% lower than the median home value for the state of New Jersey of $350,000 .

Education

69%

This Opportunity Zone has a percentage of population with high school diploma of approximately 69% , which is 21% lower than the rate for the state of New Jersey of 90% .

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 New Jersey of 40 .

New Jersey OZ Funds

To view New Jersey Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.

Similar Opportunity Zones

Archives

Categories

Featured Webinar

San Jose OZ Projects