Census Tract 2009, Oil City, Pennsylvania

Census Tract 2009 is a Low-Income CommunityOpportunity Zone located in Oil City, Pennsylvania.

This 0.4 square milecensus tract has a population of approximately 2,300and is one of 3 Opportunity Zones in Venango County.

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

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Census Tract 2009 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

$31K

This Opportunity Zone has a median household incomeof approximately $31,000, which is 51% lowerthan the median household income for the state of Pennsylvania of $63,000.

Poverty Rate

11%

The percentage of households below the poverty line in this Opportunity Zone is 11%, which is 1% lowerthan the rate for the state of Pennsylvania of 12%.

Median Home Value

$51K

This Opportunity Zone has a median home valueof approximately $51,000, which is 73% lowerthan the median home value for the state of Pennsylvania of $190,000.

Education

89%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 89%, which is 2% lowerthan the rate for the state of Pennsylvania of 91%.

Median Age

43

This Opportunity Zone has a median ageof approximately 43, which is 5% 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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