Census Tract 5172, Glen Cove, New York

Census Tract 5172 is a Low-Income CommunityOpportunity Zone located in Glen Cove, New York.

This 1 square milecensus tract has a population of approximately 7,700and is one of 4 Opportunity Zones in Nassau County.

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

Census Tract 5172 Demographics

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

Median Household Income

$58K

This Opportunity Zone has a median household incomeof approximately $58,000, which is 19% lowerthan the median household income for the state of New York of $72,000.

Poverty Rate

25%

The percentage of households below the poverty line in this Opportunity Zone is 25%, which is 12% higherthan the rate for the state of New York of 13%.

Median Home Value

$457K

This Opportunity Zone has a median home valueof approximately $460,000, which is 35% higherthan the median home value for the state of New York of $340,000.

Education

75%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 75%, which is 13% lowerthan the rate for the state of New York of 88%.

Median Age

38

This Opportunity Zone has a median ageof approximately 38, which is 3% lowerthan 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.

Fund Name Asset Classes Property Types Fund Size
Alliant Strategic Opportunity Zone Fund I, LLC Business, Real Estate Affordable Housing, Mixed-Use, Workforce Housing $125M
Beacon Rose Opportunity Zone Fund Real Estate Industrial, Mixed-Use, Multi-Family Housing, Residential, Student Housing $100M
Certes Partners Opportunity Zone Fund Real Estate Affordable Housing, Commercial, Mixed-Use, Office, Residential $50M
Community Outcome Fund Business, Real Estate Commercial, Infrastructure, Mixed-Use, Residential $500M
First Harvest Opportunity Fund Business Farmland $100M
Fundrise Opportunity Fund Real Estate Commercial, Mixed-Use, Residential $500M
Heritage Equity Partners Opportunity Zone Fund Real Estate Commercial, Mixed-Use, Multi-Famliy Housing, Residential $100M
KindCare Assisted Living Business, Real Estate Residential, Senior Housing $30M
Local Grown Salads Baltimore Opportunity Zone Fund Business, Real Estate Farmland, Industrial $10M
Niagara Falls North Development Fund One, L.P. Real Estate Mixed-Use $25M
Normandy Opportunity Zone Fund LP Real Estate Commercial, Industrial, Mixed-Use, Office, Residential $250M
ODG Fund I Real Estate Commercial, Mixed-Use, Multi-Family Housing, Residential $650M
RXR Realty Opportunity Zone Fund Real Estate Commercial, Mixed-Use, Office $500M
Saxum Opportunity Zone Fund Real Estate Industrial, Office, Residential $100M
Shorewood Opportunity Zone Fund Real Estate Affordable Housing, Mixed-Use, Residential $250M
Somerset Partners Opportunity Zone Fund Business, Real Estate Mixed-Use, Residential $200M
Strategic Rivermont OZ Fund, LLC Real Estate Commercial, Energy Development, Hotel, Mixed-Use, Residential, Stadiums and Arenas, Student Housing $100M
Sundance Bay Qualified Opportunity Zone Fund I Real Estate Mixed-Use, Multi-Family Housing, Residential $100M
Viceroy Equities B’KOZ Opportunity Zone Fund Real Estate Commercial $75M
Woodforest CEI-Boulos Opportunity Fund Real Estate Workforce Housing $22M

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