Census Tract 407.01, Turners Falls, Massachusetts

Census Tract 407.01 is a Low-Income CommunityOpportunity Zone located in Turners Falls, Massachusetts.

This 1.9 square milecensus tract has a population of approximately 3,900and is one of 7 Opportunity Zones in Franklin County.

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

Census Tract 407.01 Demographics

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

Median Household Income

$39K

This Opportunity Zone has a median household incomeof approximately $39,000, which is 55% lowerthan the median household income for the state of Massachusetts of $86,000.

Poverty Rate

15%

The percentage of households below the poverty line in this Opportunity Zone is 15%, which is 6% higherthan the rate for the state of Massachusetts of 9.4%.

Median Home Value

$208K

This Opportunity Zone has a median home valueof approximately $210,000, which is 50% 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

43

This Opportunity Zone has a median ageof approximately 43, which is 8% 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.

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