Census Tract 8203, Hopewell, Virginia

Census Tract 8203 is a Low-Income CommunityOpportunity Zone located in Hopewell, Virginia.

This 1.1 square milecensus tract has a population of approximately 3,100and is one of 2 Opportunity Zones in Hopewell city.

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

Census Tract 8203 Demographics

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

Median Household Income

$31K

This Opportunity Zone has a median household incomeof approximately $31,000, which is 59% lowerthan the median household income for the state of Virginia of $76,000.

Poverty Rate

45%

The percentage of households below the poverty line in this Opportunity Zone is 45%, which is 35% higherthan the rate for the state of Virginia of 9.9%.

Median Home Value

$73K

This Opportunity Zone has a median home valueof approximately $73,000, which is 75% lowerthan the median home value for the state of Virginia of $290,000.

Education

79%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 79%, which is 11% lowerthan the rate for the state of Virginia of 90%.

Median Age

30

This Opportunity Zone has a median ageof approximately 30, which is 23% 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.

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