Census Tract 3 is a Low-Income CommunityOpportunity Zone located in Salem, Oregon.
This 0.8 square milecensus tract has a population of approximately 4,500and is one of 5 Opportunity Zones in Marion County.
The adjacent map shows the location of this Opportunity Zone in Oregon.
Census Tract 3 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
This Opportunity Zone has a median household incomeof approximately $39,000, which is 42% lowerthan the median household income for the state of Oregon of $67,000.
The percentage of households below the poverty line in this Opportunity Zone is 17%, which is 6% higherthan the rate for the state of Oregon of 11%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $180,000, which is 49% lowerthan the median home value for the state of Oregon of $350,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 78%, which is 13% lowerthan the rate for the state of Oregon of 91%.
This Opportunity Zone has a median ageof approximately 35, which is 12% lowerthan the median age for the state of Oregon of 40.
Oregon OZ Funds
There are 12QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Oregonas a target market. Additional OZ funds may also invest in Oregon; see a complete list of Opportunity Zone Funds here.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Oregon properties.