Census Tract 2, Fredericksburg, Virginia

Census Tract 2 is a Low-Income CommunityOpportunity Zone located in Fredericksburg, Virginia.

This 1.7 square milecensus tract has a population of approximately 6,000and is one of 2 Opportunity Zones in Fredericksburg city.

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

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

$54K

This Opportunity Zone has a median household incomeof approximately $54,000, which is 29% lowerthan the median household income for the state of Virginia of $76,000.

Poverty Rate

16%

The percentage of households below the poverty line in this Opportunity Zone is 16%, which is 6% higherthan the rate for the state of Virginia of 9.9%.

Median Home Value

$335K

This Opportunity Zone has a median home valueof approximately $330,000, which is 14% higherthan the median home value for the state of Virginia of $290,000.

Education

90%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 90%, which is 0% lowerthan the rate for the state of Virginia of 90%.

Median Age

33

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

Featured Webinar

San Jose OZ Projects