Census Tract 501, Bedford, Virginia

Census Tract 501 is a Low-Income Community Opportunity Zone located in Bedford, Virginia .

This 6.9 square mile census tract has a population of approximately 6,400 and is one of 2 Opportunity Zones in Bedford County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 501 Demographics

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

Median Household Income

$36K

This Opportunity Zone has a median household income of approximately $36,000 , which is 53% lower than the median household income for the state of Virginia of $76,000 .

Poverty Rate

27%

The percentage of households below the poverty line in this Opportunity Zone is 27% , which is 17% higher than the rate for the state of Virginia of 9.9% .

Median Home Value

$147K

This Opportunity Zone has a median home value of approximately $150,000 , which is 48% lower than the median home value for the state of Virginia of $290,000 .

Education

83%

This Opportunity Zone has a percentage of population with high school diploma of approximately 83% , which is 7% lower than the rate for the state of Virginia of 90% .

Median Age

34

This Opportunity Zone has a median age of approximately 34 , which is 13% lower than the median age for the state of Virginia of 39 .

Virginia OZ Funds

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

Similar Opportunity Zones

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