Census Tract 8, Malaga, New Mexico

Census Tract 8 is a Low-Income Community Opportunity Zone located in Malaga, New Mexico .

This 710 square mile census tract has a population of approximately 1,900 and is one of 2 Opportunity Zones in Eddy County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 8 Demographics

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

Median Household Income

$54K

This Opportunity Zone has a median household income of approximately $54,000 , which is 4% higher than the median household income for the state of New Mexico of $52,000 .

Poverty Rate

12%

The percentage of households below the poverty line in this Opportunity Zone is 12% , which is 6% lower than the rate for the state of New Mexico of 18% .

Median Home Value

$119K

This Opportunity Zone has a median home value of approximately $120,000 , which is 33% lower than the median home value for the state of New Mexico of $180,000 .

Education

79%

This Opportunity Zone has a percentage of population with high school diploma of approximately 79% , which is 7% lower than the rate for the state of New Mexico of 86% .

Median Age

40

This Opportunity Zone has a median age of approximately 40 , which is 3% higher than the median age for the state of New Mexico of 39 .

New Mexico OZ Funds

To view New Mexico Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.

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