Census Tract 451, Wharton, New Jersey

Census Tract 451 is a Low-Income CommunityOpportunity Zone located in Wharton, New Jersey.

This 2.1 square milecensus tract has a population of approximately 6,500and is one of 4 Opportunity Zones in Morris County.

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

Census Tract 451 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

$80K

This Opportunity Zone has a median household incomeof approximately $80,000, which is 7% lowerthan the median household income for the state of New Jersey of $86,000.

Poverty Rate

8.1%

The percentage of households below the poverty line in this Opportunity Zone is 8.1%, which is 1% lowerthan the rate for the state of New Jersey of 9.2%.

Median Home Value

$300K

This Opportunity Zone has a median home valueof approximately $300,000, which is 14% lowerthan the median home value for the state of New Jersey of $350,000.

Education

87%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 87%, which is 3% lowerthan the rate for the state of New Jersey of 90%.

Median Age

37

This Opportunity Zone has a median ageof approximately 37, which is 7% 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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