Census Tract 36, Carteret, New Jersey

Census Tract 36 is a Low-Income CommunityOpportunity Zone located in Carteret, New Jersey.

This 1.5 square milecensus tract has a population of approximately 7,300and is one of 13 Opportunity Zones in Middlesex County.

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

Census Tract 36 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

Median Household Income

$61K

This Opportunity Zone has a median household incomeof approximately $61,000, which is 29% lowerthan the median household income for the state of New Jersey of $86,000.

Poverty Rate

16%

The percentage of households below the poverty line in this Opportunity Zone is 16%, which is 7% higherthan the rate for the state of New Jersey of 9.2%.

Median Home Value

$250K

This Opportunity Zone has a median home valueof approximately $250,000, which is 29% lowerthan the median home value for the state of New Jersey of $350,000.

Education

91%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 91%, which is 1% higherthan the rate for the state of New Jersey of 90%.

Median Age

34

This Opportunity Zone has a median ageof approximately 34, which is 15% 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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