OZ Pitch Day - March 23rd
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OZ Pitch Day - March 23rd
Census Tract 7, Elmira, New York
Census Tract 7 is a Low-Income CommunityOpportunity Zone located in Elmira, New York.
This 0.9 square milecensus tract has a population of approximately 2,200and is one of 3 Opportunity Zones in Chemung County.
The adjacent map shows the location of this Opportunity Zone in New York.
Census Tract 7 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
$16K |
This Opportunity Zone has a median household incomeof approximately $16,000, which is 78% lowerthan the median household income for the state of New York of $72,000.
Poverty Rate
49% |
The percentage of households below the poverty line in this Opportunity Zone is 49%, which is 36% higherthan the rate for the state of New York of 13%.
Median Home Value
$79K |
This Opportunity Zone has a median home valueof approximately $79,000, which is 77% lowerthan the median home value for the state of New York of $340,000.
Education
67% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 67%, which is 21% lowerthan the rate for the state of New York of 88%.
Median Age
45 |
This Opportunity Zone has a median ageof approximately 45, which is 15% higherthan the median age for the state of New York of 39.
New York OZ Funds
There are 20QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify New Yorkas a target market. Additional OZ funds may also invest in New York; see a complete list of Opportunity Zone Funds here.