Census Tract 5401.01, Chicago, Illinois

Census Tract 5401.01 is a Low-Income CommunityOpportunity Zone located in Chicago, Illinois.

This 1.3 square milecensus tract has a population of approximately 4,100and is one of 181 Opportunity Zones in Cook County.

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

Census Tract 5401.01 Demographics

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

Median Household Income

$16K

This Opportunity Zone has a median household incomeof approximately $16,000, which is 77% lowerthan the median household income for the state of Illinois of $69,000.

Poverty Rate

49%

The percentage of households below the poverty line in this Opportunity Zone is 49%, which is 38% higherthan the rate for the state of Illinois of 11%.

Median Home Value

$54K

This Opportunity Zone has a median home valueof approximately $54,000, which is 74% lowerthan the median home value for the state of Illinois of $210,000.

Education

85%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 85%, which is 5% lowerthan the rate for the state of Illinois of 90%.

Median Age

24

This Opportunity Zone has a median ageof approximately 24, which is 38% lowerthan the median age for the state of Illinois of 39.

Illinois OZ Funds

There are 11QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Illinoisas a target market. Additional OZ funds may also invest in Illinois; see a complete list of Opportunity Zone Funds here.

Similar Opportunity Zones

Archives

Categories

Featured Webinar

Self Storage OZ Deals