Census Tract 1416, New Haven, Connecticut

Census Tract 1416 is a Low-Income CommunityOpportunity Zone located in New Haven, Connecticut.

This 0.4 square milecensus tract has a population of approximately 5,100and is one of 19 Opportunity Zones in New Haven County.

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

Census Tract 1416 Demographics

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

Median Household Income

$32K

This Opportunity Zone has a median household incomeof approximately $32,000, which is 59% lowerthan the median household income for the state of Connecticut of $79,000.

Poverty Rate

33%

The percentage of households below the poverty line in this Opportunity Zone is 33%, which is 23% higherthan the rate for the state of Connecticut of 10%.

Median Home Value

$171K

This Opportunity Zone has a median home valueof approximately $170,000, which is 39% lowerthan the median home value for the state of Connecticut of $280,000.

Education

86%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 86%, which is 5% lowerthan the rate for the state of Connecticut of 91%.

Median Age

31

This Opportunity Zone has a median ageof approximately 31, which is 24% lowerthan the median age for the state of Connecticut of 41.

Connecticut OZ Funds

There are 3QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Connecticutas a target market. Additional OZ funds may also invest in Connecticut; see a complete list of Opportunity Zone Funds here.

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