OZ Pitch Day - June 13, 2024
OZ Pitch Day - June 13, 2024
Census Tract 1, Johnstown, Pennsylvania
Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Johnstown, Pennsylvania.
This 0.2 square milecensus tract has a population of approximately 1,100and is one of 5 Opportunity Zones in Cambria County.
The adjacent map shows the location of this Opportunity Zone in Pennsylvania.
Census Tract 1 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$12K |
This Opportunity Zone has a median household incomeof approximately $12,000, which is 81% lowerthan the median household income for the state of Pennsylvania of $63,000.
Poverty Rate
52% |
The percentage of households below the poverty line in this Opportunity Zone is 52%, which is 40% higherthan the rate for the state of Pennsylvania of 12%.
Median Home Value
$0 |
This Opportunity Zone has a median home valueof approximately $0, which is 100% lowerthan the median home value for the state of Pennsylvania of $190,000.
Education
80% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 80%, which is 11% lowerthan the rate for the state of Pennsylvania of 91%.
Median Age
60 |
This Opportunity Zone has a median ageof approximately 60, which is 46% 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.