Census Tract 518.02, Laurel, Delaware

Census Tract 518.02 is a Low-Income CommunityOpportunity Zone located in Laurel, Delaware.

This 4.7 square milecensus tract has a population of approximately 4,400and is one of 5 Opportunity Zones in Sussex County.

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

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Census Tract 518.02 Demographics

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

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Median Household Income

$45K

This Opportunity Zone has a median household incomeof approximately $45,000, which is 36% lowerthan the median household income for the state of Delaware of $70,000.

Poverty Rate

20%

The percentage of households below the poverty line in this Opportunity Zone is 20%, which is 9% higherthan the rate for the state of Delaware of 11%.

Median Home Value

$169K

This Opportunity Zone has a median home valueof approximately $170,000, which is 35% lowerthan the median home value for the state of Delaware of $260,000.

Education

83%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 83%, which is 7% lowerthan the rate for the state of Delaware of 90%.

Median Age

32

This Opportunity Zone has a median ageof approximately 32, which is 22% 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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