Census Tract 56, Buffalo, New York

Census Tract 56 is a Low-Income Community Opportunity Zone located in Buffalo, New York .

This 0.8 square mile census tract has a population of approximately 3,900 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 56 Demographics

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

Median Household Income

$30K

This Opportunity Zone has a median household income of approximately $30,000 , which is 58% lower than the median household income for the state of New York of $72,000 .

Poverty Rate

30%

The percentage of households below the poverty line in this Opportunity Zone is 30% , which is 17% higher than the rate for the state of New York of 13% .

Median Home Value

$90K

This Opportunity Zone has a median home value of approximately $90,000 , which is 74% lower than the median home value for the state of New York of $340,000 .

Education

73%

This Opportunity Zone has a percentage of population with high school diploma of approximately 73% , which is 15% lower than the rate for the state of New York of 88% .

Median Age

34

This Opportunity Zone has a median age of approximately 34 , which is 13% lower 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.

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