Census Tract 50, Norfolk, Virginia

Census Tract 50 is a Low-Income Community Opportunity Zone located in Norfolk, Virginia .

This 1 square mile census tract has a population of approximately 3,200 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 50 Demographics

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

Median Household Income

$41K

This Opportunity Zone has a median household income of approximately $41,000 , which is 46% lower than the median household income for the state of Virginia of $76,000 .

Poverty Rate

18%

The percentage of households below the poverty line in this Opportunity Zone is 18% , which is 8% higher than the rate for the state of Virginia of 9.9% .

Median Home Value

$164K

This Opportunity Zone has a median home value of approximately $160,000 , which is 45% lower than the median home value for the state of Virginia of $290,000 .

Education

74%

This Opportunity Zone has a percentage of population with high school diploma of approximately 74% , which is 16% lower than the rate for the state of Virginia of 90% .

Median Age

30

This Opportunity Zone has a median age of approximately 30 , which is 23% 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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