Census Tract 3, Salem, Oregon

Census Tract 3 is a Low-Income CommunityOpportunity Zone located in Salem, Oregon.

This 0.8 square milecensus tract has a population of approximately 4,500and is one of 5 Opportunity Zones in Marion County.

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

Census Tract 3 Demographics

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

Median Household Income

$39K

This Opportunity Zone has a median household incomeof approximately $39,000, which is 42% lowerthan the median household income for the state of Oregon of $67,000.

Poverty Rate

17%

The percentage of households below the poverty line in this Opportunity Zone is 17%, which is 6% higherthan the rate for the state of Oregon of 11%.

Median Home Value

$178K

This Opportunity Zone has a median home valueof approximately $180,000, which is 49% lowerthan the median home value for the state of Oregon of $350,000.

Education

78%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 78%, which is 13% lowerthan the rate for the state of Oregon of 91%.

Median Age

35

This Opportunity Zone has a median ageof approximately 35, which is 12% lowerthan the median age for the state of Oregon of 40.

Oregon OZ Funds

There are 12QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Oregonas a target market. Additional OZ funds may also invest in Oregon; see a complete list of Opportunity Zone Funds here.

Similar Opportunity Zones

Archives

Categories

Featured Webinar

San Jose OZ Projects