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.

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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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