Census Tract 5231, Verona, Pennsylvania

Census Tract 5231 is a Low-Income CommunityOpportunity Zone located in Verona, Pennsylvania.

This 2.6 square milecensus tract has a population of approximately 3,700and is one of 68 Opportunity Zones in Allegheny County.

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

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Census Tract 5231 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

$53K

This Opportunity Zone has a median household incomeof approximately $53,000, which is 16% lowerthan the median household income for the state of Pennsylvania of $63,000.

Poverty Rate

20%

The percentage of households below the poverty line in this Opportunity Zone is 20%, which is 8% higherthan the rate for the state of Pennsylvania of 12%.

Median Home Value

$77K

This Opportunity Zone has a median home valueof approximately $77,000, which is 59% lowerthan the median home value for the state of Pennsylvania of $190,000.

Education

92%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 92%, which is 1% higherthan the rate for the state of Pennsylvania of 91%.

Median Age

49

This Opportunity Zone has a median ageof approximately 49, which is 20% higherthan the median age for the state of Pennsylvania of 41.

Pennsylvania OZ Funds

There are 10QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Pennsylvaniaas a target market. Additional OZ funds may also invest in Pennsylvania; see a complete list of Opportunity Zone Funds here.

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