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Census Tract 2, Memphis, Tennessee
Census Tract 2 is a Low-Income CommunityOpportunity Zone located in Memphis, Tennessee.
This 0.4 square milecensus tract has a population of approximately 870and is one of 32 Opportunity Zones in Shelby County.
The adjacent map shows the location of this Opportunity Zone in Tennessee.
Census Tract 2 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 $15,000, which is 73% 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 43%, which is 29% higherthan the rate for the state of Tennessee of 14%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $72,000, which is 62% 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 70%, which is 18% lowerthan the rate for the state of Tennessee of 88%.
This Opportunity Zone has a median ageof approximately 36, which is 8% 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.