Census Tract 505.03, Georgetown, Delaware

Census Tract 505.03 is a Low-Income CommunityOpportunity Zone located in Georgetown, Delaware.

This 10 square milecensus tract has a population of approximately 5,200and is one of 5 Opportunity Zones in Sussex County.

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

Census Tract 505.03 Demographics

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

Median Household Income

$43K

This Opportunity Zone has a median household incomeof approximately $43,000, which is 39% lowerthan the median household income for the state of Delaware of $70,000.

Poverty Rate

30%

The percentage of households below the poverty line in this Opportunity Zone is 30%, which is 19% higherthan the rate for the state of Delaware of 11%.

Median Home Value

$146K

This Opportunity Zone has a median home valueof approximately $150,000, which is 42% lowerthan the median home value for the state of Delaware of $260,000.

Education

60%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 60%, which is 30% lowerthan the rate for the state of Delaware of 90%.

Median Age

30

This Opportunity Zone has a median ageof approximately 30, which is 27% 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.

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