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.

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