Census Tract 242, New York, New York

Census Tract 242 is a Low-Income Community Opportunity Zone located in New York, New York .

This 0.1 square mile census tract has a population of approximately 5,000 and is one of 36 Opportunity Zones in New York County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 242 Demographics

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

Median Household Income

$26K

This Opportunity Zone has a median household income of approximately $26,000 , which is 64% lower than the median household income for the state of New York of $72,000 .

Poverty Rate

33%

The percentage of households below the poverty line in this Opportunity Zone is 33% , which is 20% higher than the rate for the state of New York of 13% .

Median Home Value

$0

This Opportunity Zone has a median home value of approximately $0 , which is 100% lower than the median home value for the state of New York of $340,000 .

Education

74%

This Opportunity Zone has a percentage of population with high school diploma of approximately 74% , which is 14% lower than the rate for the state of New York of 88% .

Median Age

30

This Opportunity Zone has a median age of approximately 30 , which is 23% 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.

Similar Opportunity Zones

Archives

Categories

Featured Video