Census Tract 105.02, Madison Heights, Virginia

Census Tract 105.02 is a Low-Income CommunityOpportunity Zone located in Madison Heights, Virginia.

This 1.8 square milecensus tract has a population of approximately 510and is the only Opportunity Zone in Amherst County.

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

Census Tract 105.02 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

$47K

This Opportunity Zone has a median household incomeof approximately $47,000, which is 38% lowerthan the median household income for the state of Virginia of $76,000.

Poverty Rate

4.3%

The percentage of households below the poverty line in this Opportunity Zone is 4.3%, which is 6% lowerthan the rate for the state of Virginia of 9.9%.

Median Home Value

$95K

This Opportunity Zone has a median home valueof approximately $95,000, which is 67% lowerthan the median home value for the state of Virginia of $290,000.

Education

73%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 73%, which is 17% lowerthan the rate for the state of Virginia of 90%.

Median Age

50

This Opportunity Zone has a median ageof approximately 50, which is 28% higherthan the median age for the state of Virginia of 39.

Virginia OZ Funds

There are 12QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Virginiaas a target market. Additional OZ funds may also invest in Virginia; see a complete list of Opportunity Zone Funds here.

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