Census Tract 7155, Lakewood, New Jersey

Census Tract 7155 is a Low-Income CommunityOpportunity Zone located in Lakewood, New Jersey.

This 2.5 square milecensus tract has a population of approximately 14,000and is one of 11 Opportunity Zones in Ocean County.

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

Census Tract 7155 Demographics

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

Median Household Income

$70K

This Opportunity Zone has a median household incomeof approximately $70,000, which is 19% lowerthan the median household income for the state of New Jersey of $86,000.

Poverty Rate

15%

The percentage of households below the poverty line in this Opportunity Zone is 15%, which is 6% higherthan the rate for the state of New Jersey of 9.2%.

Median Home Value

$398K

This Opportunity Zone has a median home valueof approximately $400,000, which is 14% higherthan the median home value for the state of New Jersey of $350,000.

Education

90%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 90%, which is 0% lowerthan the rate for the state of New Jersey of 90%.

Median Age

15

This Opportunity Zone has a median ageof approximately 15, which is 62% 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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