Census Tract 164, Union City, New Jersey

Census Tract 164 is a Low-Income CommunityOpportunity Zone located in Union City, New Jersey.

This 0.1 square milecensus tract has a population of approximately 3,600and is one of 21 Opportunity Zones in Hudson County.

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

Census Tract 164 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

$44K

This Opportunity Zone has a median household incomeof approximately $44,000, which is 49% lowerthan the median household income for the state of New Jersey of $86,000.

Poverty Rate

21%

The percentage of households below the poverty line in this Opportunity Zone is 21%, which is 12% higherthan the rate for the state of New Jersey of 9.2%.

Median Home Value

$365K

This Opportunity Zone has a median home valueof approximately $360,000, which is 3% higherthan the median home value for the state of New Jersey of $350,000.

Education

70%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 70%, which is 20% lowerthan the rate for the state of New Jersey of 90%.

Median Age

43

This Opportunity Zone has a median ageof approximately 43, which is 8% 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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