Census Tract 393, Plainfield, New Jersey

Census Tract 393 is a Low-Income CommunityOpportunity Zone located in Plainfield, New Jersey.

This 0.4 square milecensus tract has a population of approximately 6,400and is one of 11 Opportunity Zones in Union County.

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

Census Tract 393 Demographics

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

Advertisement

Median Household Income

$43K

This Opportunity Zone has a median household incomeof approximately $43,000, which is 50% lowerthan the median household income for the state of New Jersey of $86,000.

Poverty Rate

37%

The percentage of households below the poverty line in this Opportunity Zone is 37%, which is 28% higherthan the rate for the state of New Jersey of 9.2%.

Median Home Value

$262K

This Opportunity Zone has a median home valueof approximately $260,000, which is 26% lowerthan the median home value for the state of New Jersey of $350,000.

Education

61%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 61%, which is 29% lowerthan the rate for the state of New Jersey of 90%.

Median Age

28

This Opportunity Zone has a median ageof approximately 28, which is 30% 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

Archives

Categories