📺 OZ Pitch Day On-Demand
📺 OZ Pitch Day On-Demand
Census Tract 405, Newport, Rhode Island
Census Tract 405 is a Low-Income Community Opportunity Zone located in Newport, Rhode Island .
This 0.9 square mile census tract has a population of approximately 4,700 and is the only Opportunity Zone in Newport County .
The adjacent map shows the location of this Opportunity Zone in Rhode Island.
Opportunity Zone Map
Map created by OpportunityZones.com
Census Tract 405 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$39K |
This Opportunity Zone has a median household income of approximately $39,000 , which is 45% lower than the median household income for the state of Rhode Island of $71,000 .
Poverty Rate
19% |
The percentage of households below the poverty line in this Opportunity Zone is 19% , which is 8% higher than the rate for the state of Rhode Island of 11% .
Median Home Value
$277K |
This Opportunity Zone has a median home value of approximately $280,000 , which is 0% lower than the median home value for the state of Rhode Island of $280,000 .
Education
86% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 86% , which is 3% lower than the rate for the state of Rhode Island of 89% .
Median Age
32 |
This Opportunity Zone has a median age of approximately 32 , which is 20% lower than the median age for the state of Rhode Island of 40 .
Rhode Island OZ Funds
To view Rhode Island Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.