Census Tract 8070.03, Asbury Park, New Jersey

Census Tract 8070.03 is a Low-Income CommunityOpportunity Zone located in Asbury Park, New Jersey.

This 0.5 square milecensus tract has a population of approximately 4,400and is one of 8 Opportunity Zones in Monmouth County.

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

Census Tract 8070.03 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

29%

The percentage of households below the poverty line in this Opportunity Zone is 29%, which is 20% higherthan the rate for the state of New Jersey of 9.2%.

Median Home Value

$472K

This Opportunity Zone has a median home valueof approximately $470,000, which is 34% higherthan the median home value for the state of New Jersey of $350,000.

Education

83%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 83%, which is 7% lowerthan the rate for the state of New Jersey of 90%.

Median Age

38

This Opportunity Zone has a median ageof approximately 38, which is 5% 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.

Similar Opportunity Zones

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