Census Tract 316.02, Elizabeth, New Jersey

Census Tract 316.02 is a Low-Income Community Opportunity Zone located in Elizabeth, New Jersey .

This 0.3 square mile census tract has a population of approximately 5,300 and is one of 11 Opportunity Zones in Union County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 316.02 Demographics

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

Median Household Income

$49K

This Opportunity Zone has a median household income of approximately $49,000 , which is 43% lower than the median household income for the state of New Jersey of $86,000 .

Poverty Rate

15%

The percentage of households below the poverty line in this Opportunity Zone is 15% , which is 6% higher than the rate for the state of New Jersey of 9.2% .

Median Home Value

$347K

This Opportunity Zone has a median home value of approximately $350,000 , which is 0% 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

35

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