OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 2, Philadelphia, Pennsylvania
Census Tract 2 is a Low-Income CommunityOpportunity Zone located in Philadelphia, Pennsylvania.
This 0.1 square milecensus tract has a population of approximately 2,900and is one of 82 Opportunity Zones in Philadelphia 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
$50K |
This Opportunity Zone has a median household incomeof approximately $50,000, which is 21% lowerthan the median household income for the state of Pennsylvania of $63,000.
Poverty Rate
23% |
The percentage of households below the poverty line in this Opportunity Zone is 23%, which is 11% higherthan the rate for the state of Pennsylvania of 12%.
Median Home Value
$307K |
This Opportunity Zone has a median home valueof approximately $310,000, which is 63% higherthan the median home value for the state of Pennsylvania of $190,000.
Education
75% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 75%, which is 16% lowerthan the rate for the state of Pennsylvania of 91%.
Median Age
35 |
This Opportunity Zone has a median ageof approximately 35, which is 15% 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.