OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 1, Erie, Pennsylvania
Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Erie, Pennsylvania.
This 0.3 square milecensus tract has a population of approximately 1,400and is one of 8 Opportunity Zones in Erie 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
$11K |
This Opportunity Zone has a median household incomeof approximately $11,000, which is 83% lowerthan the median household income for the state of Pennsylvania of $63,000.
Poverty Rate
65% |
The percentage of households below the poverty line in this Opportunity Zone is 65%, which is 53% 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
66% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 66%, which is 25% lowerthan the rate for the state of Pennsylvania of 91%.
Median Age
59 |
This Opportunity Zone has a median ageof approximately 59, which is 44% 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.