Census Tract 8, Knoxville, Tennessee

Census Tract 8 is a Low-Income CommunityOpportunity Zone located in Knoxville, Tennessee.

This 1 square milecensus tract has a population of approximately 3,600and is one of 8 Opportunity Zones in Knox County.

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

Census Tract 8 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

Median Household Income

$26K

This Opportunity Zone has a median household incomeof approximately $26,000, which is 54% lowerthan the median household income for the state of Tennessee of $56,000.

Poverty Rate

51%

The percentage of households below the poverty line in this Opportunity Zone is 51%, which is 37% higherthan the rate for the state of Tennessee of 14%.

Median Home Value

$91K

This Opportunity Zone has a median home valueof approximately $91,000, which is 52% lowerthan the median home value for the state of Tennessee of $190,000.

Education

85%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 85%, which is 3% lowerthan the rate for the state of Tennessee of 88%.

Median Age

24

This Opportunity Zone has a median ageof approximately 24, which is 38% lowerthan the median age for the state of Tennessee of 39.

Tennessee OZ Funds

There are 9QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Tennesseeas a target market. Additional OZ funds may also invest in Tennessee; see a complete list of Opportunity Zone Funds here.

Similar Opportunity Zones

Archives

Categories

Featured Webinar

Self Storage OZ Deals
Days
Hrs
Mins
Secs

Discover Your Next Opportunity Zone Investment...

OZ Pitch Day

March 7, 2024