Census Tract 708, Elyria, Ohio

Census Tract 708 is a Low-Income CommunityOpportunity Zone located in Elyria, Ohio.

This 0.4 square milecensus tract has a population of approximately 1,000and is one of 5 Opportunity Zones in Lorain County.

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

Census Tract 708 Demographics

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

Median Household Income

$10K

This Opportunity Zone has a median household incomeof approximately $10,000, which is 83% lowerthan the median household income for the state of Ohio of $59,000.

Poverty Rate

52%

The percentage of households below the poverty line in this Opportunity Zone is 52%, which is 39% higherthan the rate for the state of Ohio of 13%.

Median Home Value

$75K

This Opportunity Zone has a median home valueof approximately $75,000, which is 53% lowerthan the median home value for the state of Ohio of $160,000.

Education

70%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 70%, which is 21% lowerthan the rate for the state of Ohio of 91%.

Median Age

42

This Opportunity Zone has a median ageof approximately 42, which is 5% higherthan the median age for the state of Ohio of 40.

Ohio OZ Funds

There are 9QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Ohioas a target market. Additional OZ funds may also invest in Ohio; see a complete list of Opportunity Zone Funds here.

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