Census Tract 8519.04, Elgin, Illinois

Census Tract 8519.04 is a Low-Income CommunityOpportunity Zone located in Elgin, Illinois.

This 3.4 square milecensus tract has a population of approximately 7,900and is one of 10 Opportunity Zones in Kane County.

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

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Census Tract 8519.04 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

$78K

This Opportunity Zone has a median household incomeof approximately $78,000, which is 13% higherthan the median household income for the state of Illinois of $69,000.

Poverty Rate

18%

The percentage of households below the poverty line in this Opportunity Zone is 18%, which is 7% higherthan the rate for the state of Illinois of 11%.

Median Home Value

$246K

This Opportunity Zone has a median home valueof approximately $250,000, which is 19% higherthan 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

40

This Opportunity Zone has a median ageof approximately 40, which is 3% higherthan 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

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