Census Tract 1002, Scranton, Pennsylvania

Census Tract 1002 is a Low-Income CommunityOpportunity Zone located in Scranton, Pennsylvania.

This 0.4 square milecensus tract has a population of approximately 2,900and is one of 8 Opportunity Zones in Lackawanna County.

The adjacent map shows the location of this Opportunity Zone in Pennsylvania.

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Census Tract 1002 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

$18K

This Opportunity Zone has a median household incomeof approximately $18,000, which is 71% lowerthan the median household income for the state of Pennsylvania of $63,000.

Poverty Rate

35%

The percentage of households below the poverty line in this Opportunity Zone is 35%, which is 23% higherthan the rate for the state of Pennsylvania of 12%.

Median Home Value

$99K

This Opportunity Zone has a median home valueof approximately $99,000, which is 48% lowerthan the median home value for the state of Pennsylvania of $190,000.

Education

79%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 79%, which is 12% lowerthan the rate for the state of Pennsylvania of 91%.

Median Age

54

This Opportunity Zone has a median ageof approximately 54, which is 32% 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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