OZ Pitch Day - Mar 6, 2025
OZ Pitch Day - Mar 6, 2025
Census Tract 701.02, Galax, Virginia
Census Tract 701.02 is a Low-Income Community Opportunity Zone located in Galax, Virginia .
This 3.7 square mile census tract has a population of approximately 2,300 and is one of 2 Opportunity Zones in Galax city .
The adjacent map shows the location of this Opportunity Zone in Virginia.
Opportunity Zone Map
Map created by OpportunityZones.com
Census Tract 701.02 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$30K |
This Opportunity Zone has a median household income of approximately $30,000 , which is 61% lower than the median household income for the state of Virginia of $76,000 .
Poverty Rate
28% |
The percentage of households below the poverty line in this Opportunity Zone is 28% , which is 18% higher than the rate for the state of Virginia of 9.9% .
Median Home Value
$86K |
This Opportunity Zone has a median home value of approximately $86,000 , which is 70% lower than the median home value for the state of Virginia of $290,000 .
Education
77% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 77% , which is 13% lower than the rate for the state of Virginia of 90% .
Median Age
46 |
This Opportunity Zone has a median age of approximately 46 , which is 18% higher 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.
