Census Tract 8 is a Low-Income CommunityOpportunity Zone located in Jackson, Tennessee.
This 2.3 square milecensus tract has a population of approximately 1,400and is one of 6 Opportunity Zones in Madison 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
This Opportunity Zone has a median household incomeof approximately $18,000, which is 68% lowerthan the median household income for the state of Tennessee of $56,000.
The percentage of households below the poverty line in this Opportunity Zone is 38%, which is 24% higherthan the rate for the state of Tennessee of 14%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $45,000, which is 76% lowerthan the median home value for the state of Tennessee of $190,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 73%, which is 15% lowerthan the rate for the state of Tennessee of 88%.
This Opportunity Zone has a median ageof approximately 38, which is 3% 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.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Tennessee properties.