Census Tract 24, Memphis, Tennessee

Census Tract 24 is a Low-Income Community Opportunity Zone located in Memphis, Tennessee .

This 0.5 square mile census tract has a population of approximately 2,300 and is one of 32 Opportunity Zones in Shelby County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 24 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 54% lower than the median household income for the state of Tennessee of $56,000 .

Poverty Rate

31%

The percentage of households below the poverty line in this Opportunity Zone is 31% , which is 17% higher than the rate for the state of Tennessee of 14% .

Median Home Value

$59K

This Opportunity Zone has a median home value of approximately $59,000 , which is 69% lower than the median home value for the state of Tennessee of $190,000 .

Education

76%

This Opportunity Zone has a percentage of population with high school diploma of approximately 76% , which is 12% lower than the rate for the state of Tennessee of 88% .

Median Age

33

This Opportunity Zone has a median age of approximately 33 , which is 15% lower 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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