The Opportunity Zones Podcast is now on YouTube!
Census Tract 8, Lancaster, Pennsylvania
Census Tract 8 is a Low-Income CommunityOpportunity Zone located in Lancaster, Pennsylvania.
This 0.4 square milecensus tract has a population of approximately 3,400and is one of 6 Opportunity Zones in Lancaster County.
The adjacent map shows the location of this Opportunity Zone in Pennsylvania.
Census Tract 8 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 $30,000, which is 52% 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 20%, which is 8% higherthan the rate for the state of Pennsylvania of 12%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $91,000, which is 52% 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 65%, which is 26% lowerthan the rate for the state of Pennsylvania of 91%.
This Opportunity Zone has a median ageof approximately 39, which is 5% lowerthan 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.