Census Tract 8007, New Kensington, Pennsylvania

Census Tract 8007 is a Low-Income CommunityOpportunity Zone located in New Kensington, Pennsylvania.

This 0.6 square milecensus tract has a population of approximately 1,900and is one of 4 Opportunity Zones in Westmoreland County.

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

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Census Tract 8007 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

$20K

This Opportunity Zone has a median household incomeof approximately $20,000, which is 68% lowerthan the median household income for the state of Pennsylvania of $63,000.

Poverty Rate

50%

The percentage of households below the poverty line in this Opportunity Zone is 50%, which is 38% higherthan the rate for the state of Pennsylvania of 12%.

Median Home Value

$49K

This Opportunity Zone has a median home valueof approximately $49,000, which is 74% lowerthan the median home value for the state of Pennsylvania of $190,000.

Education

80%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 80%, which is 11% lowerthan the rate for the state of Pennsylvania of 91%.

Median Age

45

This Opportunity Zone has a median ageof approximately 45, which is 10% 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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