OZ Pitch Day - June 13, 2024
OZ Pitch Day - June 13, 2024
Census Tract 1, Lebanon, Pennsylvania
Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Lebanon, Pennsylvania.
This 0.6 square milecensus tract has a population of approximately 4,500and is one of 2 Opportunity Zones in Lebanon 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
$38K |
This Opportunity Zone has a median household incomeof approximately $38,000, which is 40% lowerthan the median household income for the state of Pennsylvania of $63,000.
Poverty Rate
29% |
The percentage of households below the poverty line in this Opportunity Zone is 29%, which is 17% higherthan the rate for the state of Pennsylvania of 12%.
Median Home Value
$73K |
This Opportunity Zone has a median home valueof approximately $73,000, which is 62% lowerthan the median home value for the state of Pennsylvania of $190,000.
Education
81% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 81%, which is 10% lowerthan the rate for the state of Pennsylvania of 91%.
Median Age
38 |
This Opportunity Zone has a median ageof approximately 38, which is 7% 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.