Census Tract 229, Newark, New Jersey

Census Tract 229 is a Low-Income Community Opportunity Zone located in Newark, New Jersey .

This 0.5 square mile census tract has a population of approximately 4,300 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 229 Demographics

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

Median Household Income

$45K

This Opportunity Zone has a median household income of approximately $45,000 , which is 48% lower than the median household income for the state of New Jersey of $86,000 .

Poverty Rate

35%

The percentage of households below the poverty line in this Opportunity Zone is 35% , which is 26% higher than the rate for the state of New Jersey of 9.2% .

Median Home Value

$164K

This Opportunity Zone has a median home value of approximately $160,000 , which is 54% lower than the median home value for the state of New Jersey of $350,000 .

Education

83%

This Opportunity Zone has a percentage of population with high school diploma of approximately 83% , which is 7% lower than the rate for the state of New Jersey of 90% .

Median Age

27

This Opportunity Zone has a median age of approximately 27 , which is 32% 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.

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