Census Tract 3424, Indianapolis city (balance), Indiana

Census Tract 3424 is a Low-Income CommunityOpportunity Zone located in Indianapolis city (balance), Indiana.

This 3.7 square milecensus tract has a population of approximately 1,600and is one of 36 Opportunity Zones in Marion County.

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

Census Tract 3424 Demographics

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

Median Household Income

$42K

This Opportunity Zone has a median household incomeof approximately $42,000, which is 28% lowerthan the median household income for the state of Indiana of $58,000.

Poverty Rate

30%

The percentage of households below the poverty line in this Opportunity Zone is 30%, which is 18% higherthan the rate for the state of Indiana of 12%.

Median Home Value

$63K

This Opportunity Zone has a median home valueof approximately $63,000, which is 61% lowerthan the median home value for the state of Indiana of $160,000.

Education

50%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 50%, which is 40% lowerthan the rate for the state of Indiana of 90%.

Median Age

47

This Opportunity Zone has a median ageof approximately 47, which is 24% higherthan the median age for the state of Indiana of 38.

Indiana OZ Funds

There are 7QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Indianaas a target market. Additional OZ funds may also invest in Indiana; see a complete list of Opportunity Zone Funds here.

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