OZ Pitch Day - Nov 14th
OZ Pitch Day - Nov 14th
Census Tract 511, Bound Brook, New Jersey
Census Tract 511 is a Low-Income Community Opportunity Zone located in Bound Brook, New Jersey .
This 0.4 square mile census tract has a population of approximately 3,200 and is one of 3 Opportunity Zones in Somerset County .
The adjacent map shows the location of this Opportunity Zone in New Jersey.
Opportunity Zone Map
Map created by OpportunityZones.com
Census Tract 511 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$55K |
This Opportunity Zone has a median household income of approximately $55,000 , which is 36% lower than the median household income for the state of New Jersey of $86,000 .
Poverty Rate
16% |
The percentage of households below the poverty line in this Opportunity Zone is 16% , which is 7% higher than the rate for the state of New Jersey of 9.2% .
Median Home Value
$261K |
This Opportunity Zone has a median home value of approximately $260,000 , which is 26% lower than the median home value for the state of New Jersey of $350,000 .
Education
84% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 84% , which is 6% lower than the rate for the state of New Jersey of 90% .
Median Age
34 |
This Opportunity Zone has a median age of approximately 34 , which is 15% 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.
