Census Tract 398, Elizabeth, New Jersey

Census Tract 398 is a Low-Income Community Opportunity Zone located in Elizabeth, New Jersey .

This 5.5 square mile census tract has a population of approximately 4,900 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 398 Demographics

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

Median Household Income

$40K

This Opportunity Zone has a median household income of approximately $40,000 , which is 53% lower than the median household income for the state of New Jersey of $86,000 .

Poverty Rate

32%

The percentage of households below the poverty line in this Opportunity Zone is 32% , which is 23% higher than the rate for the state of New Jersey of 9.2% .

Median Home Value

$265K

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

58%

This Opportunity Zone has a percentage of population with high school diploma of approximately 58% , which is 32% lower than the rate for the state of New Jersey of 90% .

Median Age

29

This Opportunity Zone has a median age of approximately 29 , which is 27% 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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