Census Tract 603, Gallaway, Tennessee

Census Tract 603 is a Low-Income Community Opportunity Zone located in Gallaway, Tennessee .

This 78 square mile census tract has a population of approximately 2,800 and is the only Opportunity Zone in Fayette County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 603 Demographics

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

Median Household Income

$34K

This Opportunity Zone has a median household income of approximately $34,000 , which is 39% lower than the median household income for the state of Tennessee of $56,000 .

Poverty Rate

23%

The percentage of households below the poverty line in this Opportunity Zone is 23% , which is 9% higher than the rate for the state of Tennessee of 14% .

Median Home Value

$120K

This Opportunity Zone has a median home value of approximately $120,000 , which is 37% lower than the median home value for the state of Tennessee of $190,000 .

Education

82%

This Opportunity Zone has a percentage of population with high school diploma of approximately 82% , which is 6% lower than the rate for the state of Tennessee of 88% .

Median Age

49

This Opportunity Zone has a median age of approximately 49 , which is 26% higher than the median age for the state of Tennessee of 39 .

Tennessee OZ Funds

To view Tennessee Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.

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