OZ Pitch Day - Nov 14th
OZ Pitch Day - Nov 14th
Census Tract 5716, Long Beach, California
Census Tract 5716 is a Low-Income CommunityOpportunity Zone located in Long Beach, California.
This 0.1 square milecensus tract has a population of approximately 2,300and is one of 274 Opportunity Zones in Los Angeles County.
The adjacent map shows the location of this Opportunity Zone in California.
Census Tract 5716 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$19K |
This Opportunity Zone has a median household incomeof approximately $19,000, which is 76% lowerthan the median household income for the state of California of $80,000.
Poverty Rate
53% |
The percentage of households below the poverty line in this Opportunity Zone is 53%, which is 41% higherthan the rate for the state of California of 12%.
Median Home Value
$325K |
This Opportunity Zone has a median home valueof approximately $330,000, which is 42% lowerthan the median home value for the state of California of $570,000.
Education
76% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 76%, which is 8% lowerthan the rate for the state of California of 84%.
Median Age
23 |
This Opportunity Zone has a median ageof approximately 23, which is 38% 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.