Census Tract 7314, Worcester, Massachusetts

Census Tract 7314 is a Low-Income CommunityOpportunity Zone located in Worcester, Massachusetts.

This 0.3 square milecensus tract has a population of approximately 4,000and is one of 20 Opportunity Zones in Worcester County.

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

Census Tract 7314 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

$22K

This Opportunity Zone has a median household incomeof approximately $22,000, which is 74% lowerthan the median household income for the state of Massachusetts of $86,000.

Poverty Rate

37%

The percentage of households below the poverty line in this Opportunity Zone is 37%, which is 28% higherthan the rate for the state of Massachusetts of 9.4%.

Median Home Value

$140K

This Opportunity Zone has a median home valueof approximately $140,000, which is 67% lowerthan the median home value for the state of Massachusetts of $420,000.

Education

65%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 65%, which is 26% lowerthan the rate for the state of Massachusetts of 91%.

Median Age

35

This Opportunity Zone has a median ageof approximately 35, which is 12% 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.

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