Census Tract 58, New Brunswick, New Jersey

Census Tract 58 is a Low-Income CommunityOpportunity Zone located in New Brunswick, New Jersey.

This 0.2 square milecensus tract has a population of approximately 5,100and is one of 13 Opportunity Zones in Middlesex County.

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

Census Tract 58 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

$33K

This Opportunity Zone has a median household incomeof approximately $33,000, which is 62% lowerthan the median household income for the state of New Jersey of $86,000.

Poverty Rate

44%

The percentage of households below the poverty line in this Opportunity Zone is 44%, which is 35% higherthan the rate for the state of New Jersey of 9.2%.

Median Home Value

$242K

This Opportunity Zone has a median home valueof approximately $240,000, which is 31% lowerthan the median home value for the state of New Jersey of $350,000.

Education

50%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 50%, which is 40% lowerthan the rate for the state of New Jersey of 90%.

Median Age

25

This Opportunity Zone has a median ageof approximately 25, which is 37% 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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