Census Tract 127.02, Somers Point, New Jersey

Census Tract 127.02 is a Low-Income CommunityOpportunity Zone located in Somers Point, New Jersey.

This 1 square milecensus tract has a population of approximately 1,600and is one of 8 Opportunity Zones in Atlantic County.

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

Census Tract 127.02 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

$53K

This Opportunity Zone has a median household incomeof approximately $53,000, which is 38% lowerthan the median household income for the state of New Jersey of $86,000.

Poverty Rate

19%

The percentage of households below the poverty line in this Opportunity Zone is 19%, which is 10% higherthan the rate for the state of New Jersey of 9.2%.

Median Home Value

$234K

This Opportunity Zone has a median home valueof approximately $230,000, which is 34% lowerthan the median home value for the state of New Jersey of $350,000.

Education

94%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 94%, which is 4% higherthan the rate for the state of New Jersey of 90%.

Median Age

36

This Opportunity Zone has a median ageof approximately 36, which is 10% lowerthan the median age for the state of New Jersey of 40.

New Jersey OZ Funds

There are 6QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify New Jerseyas a target market. Additional OZ funds may also invest in New Jersey; see a complete list of Opportunity Zone Funds here.

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