Census Tract 503.01, New Hope, Tennessee

Census Tract 503.01 is a Low-Income Community Opportunity Zone located in New Hope, Tennessee .

This 28 square mile census tract has a population of approximately 5,700 and is the only Opportunity Zone in Marion County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 503.01 Demographics

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

Median Household Income

$41K

This Opportunity Zone has a median household income of approximately $41,000 , which is 27% lower than the median household income for the state of Tennessee of $56,000 .

Poverty Rate

20%

The percentage of households below the poverty line in this Opportunity Zone is 20% , which is 6% higher than the rate for the state of Tennessee of 14% .

Median Home Value

$104K

This Opportunity Zone has a median home value of approximately $100,000 , which is 47% lower than the median home value for the state of Tennessee of $190,000 .

Education

81%

This Opportunity Zone has a percentage of population with high school diploma of approximately 81% , which is 7% lower than the rate for the state of Tennessee of 88% .

Median Age

41

This Opportunity Zone has a median age of approximately 41 , which is 5% 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.

Similar Opportunity Zones

Archives

Categories

Featured Video