Census Tract 7, New Castle, Pennsylvania

Census Tract 7 is a Low-Income CommunityOpportunity Zone located in New Castle, Pennsylvania.

This 0.4 square milecensus tract has a population of approximately 1,700and is one of 4 Opportunity Zones in Lawrence County.

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

Census Tract 7 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 incomeof approximately $30,000, which is 52% lowerthan the median household income for the state of Pennsylvania of $63,000.

Poverty Rate

33%

The percentage of households below the poverty line in this Opportunity Zone is 33%, which is 21% higherthan the rate for the state of Pennsylvania of 12%.

Median Home Value

$34K

This Opportunity Zone has a median home valueof approximately $34,000, which is 82% lowerthan the median home value for the state of Pennsylvania of $190,000.

Education

79%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 79%, which is 12% lowerthan the rate for the state of Pennsylvania of 91%.

Median Age

46

This Opportunity Zone has a median ageof approximately 46, which is 12% higherthan the median age for the state of Pennsylvania of 41.

Pennsylvania OZ Funds

There are 10QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Pennsylvaniaas a target market. Additional OZ funds may also invest in Pennsylvania; see a complete list of Opportunity Zone Funds here.

Similar Opportunity Zones

Archives

Categories

Featured Webinar

Self Storage OZ Deals