Census Tract 7311.01, Bayville, New Jersey

Census Tract 7311.01 is a Low-Income CommunityOpportunity Zone located in Bayville, New Jersey.

This 1.2 square milecensus tract has a population of approximately 3,300and is one of 11 Opportunity Zones in Ocean County.

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

Census Tract 7311.01 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

$82K

This Opportunity Zone has a median household incomeof approximately $82,000, which is 5% lowerthan the median household income for the state of New Jersey of $86,000.

Poverty Rate

12%

The percentage of households below the poverty line in this Opportunity Zone is 12%, which is 3% higherthan the rate for the state of New Jersey of 9.2%.

Median Home Value

$269K

This Opportunity Zone has a median home valueof approximately $270,000, which is 23% lowerthan the median home value for the state of New Jersey of $350,000.

Education

88%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 88%, which is 2% lowerthan the rate for the state of New Jersey of 90%.

Median Age

33

This Opportunity Zone has a median ageof approximately 33, which is 17% 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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