Census Tract 56 is a Low-Income CommunityOpportunity Zone located in Portland, Oregon.
This 0.2 square milecensus tract has a population of approximately 6,300and is one of 17 Opportunity Zones in Multnomah County.
The adjacent map shows the location of this Opportunity Zone in Oregon.
Census Tract 56 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 $35,000, which is 48% 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 36%, which is 25% higherthan the rate for the state of Oregon of 11%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $360,000, which is 3% higherthan 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 96%, which is 5% higherthan the rate for the state of Oregon of 91%.
This Opportunity Zone has a median ageof approximately 26, which is 35% 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.