Multifamily Investor Expo - Feb 15th
Census Tract 5623, Pittsburgh, Pennsylvania
Census Tract 5623 is a Low-Income CommunityOpportunity Zone located in Pittsburgh, Pennsylvania.
This 1.2 square milecensus tract has a population of approximately 2,900and is one of 68 Opportunity Zones in Allegheny County.
The adjacent map shows the location of this Opportunity Zone in Pennsylvania.
Census Tract 5623 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 $20,000, which is 68% lowerthan the median household income for the state of Pennsylvania of $63,000.
The percentage of households below the poverty line in this Opportunity Zone is 40%, which is 28% higherthan the rate for the state of Pennsylvania of 12%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $86,000, which is 55% lowerthan the median home value for the state of Pennsylvania of $190,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 90%, which is 1% lowerthan the rate for the state of Pennsylvania of 91%.
This Opportunity Zone has a median ageof approximately 50, which is 22% 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.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Pennsylvania properties.