OZ Pitch Day - March 7, 2024
OZ Pitch Day - March 7, 2024
Census Tract 2, Johnstown, Pennsylvania
Census Tract 2 is a Low-Income CommunityOpportunity Zone located in Johnstown, Pennsylvania.
This 0.4 square milecensus tract has a population of approximately 590and is one of 5 Opportunity Zones in Cambria County.
The adjacent map shows the location of this Opportunity Zone in Pennsylvania.
Census Tract 2 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$28K |
This Opportunity Zone has a median household incomeof approximately $28,000, which is 56% lowerthan the median household income for the state of Pennsylvania of $63,000.
Poverty Rate
17% |
The percentage of households below the poverty line in this Opportunity Zone is 17%, which is 5% higherthan the rate for the state of Pennsylvania of 12%.
Median Home Value
$18K |
This Opportunity Zone has a median home valueof approximately $18,000, which is 91% lowerthan the median home value for the state of Pennsylvania of $190,000.
Education
83% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 83%, which is 8% lowerthan the rate for the state of Pennsylvania of 91%.
Median Age
47 |
This Opportunity Zone has a median ageof approximately 47, which is 15% 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.