Census Tract 116, Memphis, Tennessee

Census Tract 116 is a Low-Income Community Opportunity Zone located in Memphis, Tennessee .

This 0.6 square mile census tract has a population of approximately 2,800 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 116 Demographics

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

Median Household Income

$14K

This Opportunity Zone has a median household income of approximately $14,000 , which is 75% lower than the median household income for the state of Tennessee of $56,000 .

Poverty Rate

61%

The percentage of households below the poverty line in this Opportunity Zone is 61% , which is 47% higher than the rate for the state of Tennessee of 14% .

Median Home Value

$34K

This Opportunity Zone has a median home value of approximately $34,000 , which is 82% lower than the median home value for the state of Tennessee of $190,000 .

Education

73%

This Opportunity Zone has a percentage of population with high school diploma of approximately 73% , which is 15% lower than the rate for the state of Tennessee of 88% .

Median Age

24

This Opportunity Zone has a median age of approximately 24 , which is 38% 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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