Census Tract 5240, Verona, Pennsylvania

Census Tract 5240 is a Low-Income CommunityOpportunity Zone located in Verona, Pennsylvania.

This 0.5 square milecensus tract has a population of approximately 2,800and 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 5240 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

$46K

This Opportunity Zone has a median household incomeof approximately $46,000, which is 27% lowerthan the median household income for the state of Pennsylvania of $63,000.

Poverty Rate

16%

The percentage of households below the poverty line in this Opportunity Zone is 16%, which is 4% higherthan the rate for the state of Pennsylvania of 12%.

Median Home Value

$87K

This Opportunity Zone has a median home valueof approximately $87,000, which is 54% 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

44

This Opportunity Zone has a median ageof approximately 44, which is 7% 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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