OZ Pitch Day - June 13, 2024
Days
Hrs
Mins
Secs
OZ Pitch Day - June 13, 2024
Census Tract 401, Plainfield, Massachusetts
Census Tract 401 is a Low-Income CommunityOpportunity Zone located in Plainfield, Massachusetts.
This 160 square milecensus tract has a population of approximately 4,500and is one of 7 Opportunity Zones in Franklin County.
The adjacent map shows the location of this Opportunity Zone in Massachusetts.
Census Tract 401 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$63K |
This Opportunity Zone has a median household incomeof approximately $63,000, which is 27% lowerthan the median household income for the state of Massachusetts of $86,000.
Poverty Rate
12% |
The percentage of households below the poverty line in this Opportunity Zone is 12%, which is 3% higherthan the rate for the state of Massachusetts of 9.4%.
Median Home Value
$225K |
This Opportunity Zone has a median home valueof approximately $220,000, which is 48% lowerthan the median home value for the state of Massachusetts of $420,000.
Education
93% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 93%, which is 2% higherthan the rate for the state of Massachusetts of 91%.
Median Age
51 |
This Opportunity Zone has a median ageof approximately 51, which is 28% higherthan the median age for the state of Massachusetts of 40.
Massachusetts OZ Funds
There are 11QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Massachusettsas a target market. Additional OZ funds may also invest in Massachusetts; see a complete list of Opportunity Zone Funds here.