Census Tract 47, Norfolk, Virginia

Census Tract 47 is a Low-Income Community Opportunity Zone located in Norfolk, Virginia .

This 0.5 square mile census tract has a population of approximately 3,000 and is one of 16 Opportunity Zones in Norfolk city .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 47 Demographics

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

Median Household Income

$51K

This Opportunity Zone has a median household income of approximately $51,000 , which is 33% lower than the median household income for the state of Virginia of $76,000 .

Poverty Rate

14%

The percentage of households below the poverty line in this Opportunity Zone is 14% , which is 4% higher than the rate for the state of Virginia of 9.9% .

Median Home Value

$191K

This Opportunity Zone has a median home value of approximately $190,000 , which is 34% lower than the median home value for the state of Virginia of $290,000 .

Education

76%

This Opportunity Zone has a percentage of population with high school diploma of approximately 76% , which is 14% lower than the rate for the state of Virginia of 90% .

Median Age

20

This Opportunity Zone has a median age of approximately 20 , which is 49% 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.

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