Census Tract 7150, Lakewood, New Jersey

Census Tract 7150 is a Low-Income CommunityOpportunity Zone located in Lakewood, New Jersey.

This 5.1 square milecensus tract has a population of approximately 11,000and is one of 11 Opportunity Zones in Ocean County.

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

Census Tract 7150 Demographics

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

Median Household Income

$64K

This Opportunity Zone has a median household incomeof approximately $64,000, which is 26% lowerthan the median household income for the state of New Jersey of $86,000.

Poverty Rate

20%

The percentage of households below the poverty line in this Opportunity Zone is 20%, which is 11% higherthan the rate for the state of New Jersey of 9.2%.

Median Home Value

$393K

This Opportunity Zone has a median home valueof approximately $390,000, which is 11% higherthan the median home value for the state of New Jersey of $350,000.

Education

79%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 79%, which is 11% lowerthan the rate for the state of New Jersey of 90%.

Median Age

21

This Opportunity Zone has a median ageof approximately 21, which is 47% 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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