Census Tract 5, Danville, Virginia

Census Tract 5 is a Low-Income CommunityOpportunity Zone located in Danville, Virginia.

This 1 square milecensus tract has a population of approximately 1,900and is one of 4 Opportunity Zones in Danville city.

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

Census Tract 5 Demographics

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

Advertisement

Median Household Income

$26K

This Opportunity Zone has a median household incomeof approximately $26,000, which is 66% lowerthan the median household income for the state of Virginia of $76,000.

Poverty Rate

30%

The percentage of households below the poverty line in this Opportunity Zone is 30%, which is 20% higherthan the rate for the state of Virginia of 9.9%.

Median Home Value

$92K

This Opportunity Zone has a median home valueof approximately $92,000, which is 68% lowerthan the median home value for the state of Virginia of $290,000.

Education

67%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 67%, which is 23% lowerthan the rate for the state of Virginia of 90%.

Median Age

42

This Opportunity Zone has a median ageof approximately 42, which is 8% 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.

Similar Opportunity Zones

Archives

Categories