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.

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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:

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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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