Census Tract 301, Millville, New Jersey

Census Tract 301 is a Low-Income CommunityOpportunity Zone located in Millville, New Jersey.

This 0.2 square milecensus tract has a population of approximately 860and is one of 5 Opportunity Zones in Cumberland County.

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

Census Tract 301 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

$23K

This Opportunity Zone has a median household incomeof approximately $23,000, which is 73% lowerthan the median household income for the state of New Jersey of $86,000.

Poverty Rate

18%

The percentage of households below the poverty line in this Opportunity Zone is 18%, which is 9% higherthan the rate for the state of New Jersey of 9.2%.

Median Home Value

$75K

This Opportunity Zone has a median home valueof approximately $75,000, which is 79% lowerthan the median home value for the state of New Jersey of $350,000.

Education

61%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 61%, which is 29% lowerthan the rate for the state of New Jersey of 90%.

Median Age

46

This Opportunity Zone has a median ageof approximately 46, which is 15% higherthan 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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