Census Tract 8012, Springfield, Massachusetts

Census Tract 8012 is a Low-Income CommunityOpportunity Zone located in Springfield, Massachusetts.

This 0.3 square milecensus tract has a population of approximately 2,500and is one of 15 Opportunity Zones in Hampden County.

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

Census Tract 8012 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

$13K

This Opportunity Zone has a median household incomeof approximately $13,000, which is 85% lowerthan the median household income for the state of Massachusetts of $86,000.

Poverty Rate

62%

The percentage of households below the poverty line in this Opportunity Zone is 62%, which is 53% higherthan the rate for the state of Massachusetts of 9.4%.

Median Home Value

$0

This Opportunity Zone has a median home valueof approximately $0, which is 100% lowerthan the median home value for the state of Massachusetts of $420,000.

Education

73%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 73%, which is 18% lowerthan the rate for the state of Massachusetts of 91%.

Median Age

31

This Opportunity Zone has a median ageof approximately 31, which is 22% lowerthan 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.

Similar Opportunity Zones

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