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Census Tract 425, Milford, Delaware
Census Tract 425 is a Low-Income CommunityOpportunity Zone located in Milford, Delaware.
This 3 square milecensus tract has a population of approximately 4,000and is one of 5 Opportunity Zones in Kent County.
The adjacent map shows the location of this Opportunity Zone in Delaware.
Census Tract 425 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 $41,000, which is 41% lowerthan the median household income for the state of Delaware of $70,000.
The percentage of households below the poverty line in this Opportunity Zone is 14%, which is 3% higherthan the rate for the state of Delaware of 11%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $180,000, which is 31% lowerthan the median home value for the state of Delaware of $260,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 84%, which is 6% lowerthan the rate for the state of Delaware of 90%.
This Opportunity Zone has a median ageof approximately 35, which is 15% lowerthan the median age for the state of Delaware of 41.
Delaware OZ Funds
There are 3QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Delawareas a target market. Additional OZ funds may also invest in Delaware; see a complete list of Opportunity Zone Funds here.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Delaware properties.