OZ Pitch Day - Mar 6, 2025
OZ Pitch Day - Mar 6, 2025
Census Tract 5, Buffalo, New York
Census Tract 5 is a Low-Income Community Opportunity Zone located in Buffalo, New York .
This 1.6 square mile census tract has a population of approximately 1,700 and is one of 23 Opportunity Zones in Erie County .
The adjacent map shows the location of this Opportunity Zone in New York.
Opportunity Zone Map
Map created by OpportunityZones.com
Census Tract 5 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$27K |
This Opportunity Zone has a median household income of approximately $27,000 , which is 62% lower than the median household income for the state of New York of $72,000 .
Poverty Rate
40% |
The percentage of households below the poverty line in this Opportunity Zone is 40% , which is 27% higher than the rate for the state of New York of 13% .
Median Home Value
$54K |
This Opportunity Zone has a median home value of approximately $54,000 , which is 84% lower than the median home value for the state of New York of $340,000 .
Education
77% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 77% , which is 11% lower than the rate for the state of New York of 88% .
Median Age
42 |
This Opportunity Zone has a median age of approximately 42 , which is 8% higher than the median age for the state of New York of 39 .
New York OZ Funds
To view New York Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.
