Census Tract 24, Memphis, Tennessee

Census Tract 24 is a Low-Income CommunityOpportunity Zone located in Memphis, Tennessee.

This 0.5 square milecensus tract has a population of approximately 2,300and is one of 32 Opportunity Zones in Shelby County.

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

Census Tract 24 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

$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

31%

The percentage of households below the poverty line in this Opportunity Zone is 31%, which is 17% higherthan the rate for the state of Tennessee of 14%.

Median Home Value

$59K

This Opportunity Zone has a median home valueof approximately $59,000, which is 69% lowerthan the median home value for the state of Tennessee of $190,000.

Education

76%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 76%, which is 12% lowerthan the rate for the state of Tennessee of 88%.

Median Age

33

This Opportunity Zone has a median ageof approximately 33, which is 15% 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

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