OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 40, North Charleston, South Carolina
Census Tract 40 is a Low-Income CommunityOpportunity Zone located in North Charleston, South Carolina.
This 0.6 square milecensus tract has a population of approximately 2,800and is one of 8 Opportunity Zones in Charleston County.
The adjacent map shows the location of this Opportunity Zone in South Carolina.
Census Tract 40 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$30K |
This Opportunity Zone has a median household incomeof approximately $30,000, which is 46% lowerthan the median household income for the state of South Carolina of $56,000.
Poverty Rate
28% |
The percentage of households below the poverty line in this Opportunity Zone is 28%, which is 14% higherthan the rate for the state of South Carolina of 14%.
Median Home Value
$92K |
This Opportunity Zone has a median home valueof approximately $92,000, which is 49% lowerthan the median home value for the state of South Carolina of $180,000.
Education
73% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 73%, which is 15% lowerthan the rate for the state of South Carolina of 88%.
Median Age
33 |
This Opportunity Zone has a median ageof approximately 33, which is 17% lowerthan the median age for the state of South Carolina of 40.
South Carolina OZ Funds
There are 8QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify South Carolinaas a target market. Additional OZ funds may also invest in South Carolina; see a complete list of Opportunity Zone Funds here.