Census Tract 307, Phillipsburg, New Jersey

Census Tract 307 is a Low-Income CommunityOpportunity Zone located in Phillipsburg, New Jersey.

This 0.5 square milecensus tract has a population of approximately 4,600and is the only Opportunity Zone in Warren County.

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

Census Tract 307 Demographics

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

Median Household Income

$59K

This Opportunity Zone has a median household incomeof approximately $59,000, which is 31% 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

$113K

This Opportunity Zone has a median home valueof approximately $110,000, which is 69% lowerthan the median home value for the state of New Jersey of $350,000.

Education

83%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 83%, which is 7% lowerthan the rate for the state of New Jersey of 90%.

Median Age

38

This Opportunity Zone has a median ageof approximately 38, which is 5% 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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