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Census Tract 3, Oildale, California
Census Tract 3 is a Low-Income CommunityOpportunity Zone located in Oildale, California.
This 0.6 square milecensus tract has a population of approximately 5,300and is one of 35 Opportunity Zones in Kern County.
The adjacent map shows the location of this Opportunity Zone in California.
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
This Opportunity Zone has a median household incomeof approximately $34,000, which is 57% lowerthan the median household income for the state of California of $80,000.
The percentage of households below the poverty line in this Opportunity Zone is 39%, which is 27% higherthan the rate for the state of California of 12%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $110,000, which is 81% lowerthan the median home value for the state of California of $570,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 73%, which is 11% lowerthan the rate for the state of California of 84%.
This Opportunity Zone has a median ageof approximately 27, which is 27% lowerthan the median age for the state of California of 37.
California OZ Funds
There are 27QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Californiaas a target market. Additional OZ funds may also invest in California; see a complete list of Opportunity Zone Funds here.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on California properties.