Census Tract 8623, Waukegan, Illinois

Census Tract 8623 is a Low-Income CommunityOpportunity Zone located in Waukegan, Illinois.

This 0.6 square milecensus tract has a population of approximately 2,700and is one of 5 Opportunity Zones in Lake County.

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

Census Tract 8623 Demographics

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

Median Household Income

$17K

This Opportunity Zone has a median household incomeof approximately $17,000, which is 75% lowerthan the median household income for the state of Illinois of $69,000.

Poverty Rate

39%

The percentage of households below the poverty line in this Opportunity Zone is 39%, which is 28% higherthan the rate for the state of Illinois of 11%.

Median Home Value

$96K

This Opportunity Zone has a median home valueof approximately $96,000, which is 54% lowerthan the median home value for the state of Illinois of $210,000.

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 Illinois of 90%.

Median Age

30

This Opportunity Zone has a median ageof approximately 30, which is 23% 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.

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