OZ Pitch Day - Nov 14th
OZ Pitch Day - Nov 14th
Census Tract 512, Bound Brook, New Jersey
Census Tract 512 is a Low-Income Community Opportunity Zone located in Bound Brook, New Jersey .
This 0.6 square mile census tract has a population of approximately 5,200 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 512 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$72K |
This Opportunity Zone has a median household income of approximately $72,000 , which is 16% lower than the median household income for the state of New Jersey of $86,000 .
Poverty Rate
5.1% |
The percentage of households below the poverty line in this Opportunity Zone is 5.1% , which is 4% lower than the rate for the state of New Jersey of 9.2% .
Median Home Value
$249K |
This Opportunity Zone has a median home value of approximately $250,000 , which is 29% lower than the median home value for the state of New Jersey of $350,000 .
Education
79% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 79% , which is 11% lower than the rate for the state of New Jersey of 90% .
Median Age
33 |
This Opportunity Zone has a median age of approximately 33 , which is 17% 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.
