OZ Pitch Day - June 13, 2024
Days
Hrs
Mins
Secs
OZ Pitch Day - June 13, 2024
Census Tract 16, Lynchburg, Virginia
Census Tract 16 is a Low-Income CommunityOpportunity Zone located in Lynchburg, Virginia.
This 4 square milecensus tract has a population of approximately 8,600and is one of 4 Opportunity Zones in Lynchburg city.
The adjacent map shows the location of this Opportunity Zone in Virginia.
Census Tract 16 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$41K |
This Opportunity Zone has a median household incomeof approximately $41,000, which is 46% lowerthan the median household income for the state of Virginia of $76,000.
Poverty Rate
27% |
The percentage of households below the poverty line in this Opportunity Zone is 27%, which is 17% higherthan the rate for the state of Virginia of 9.9%.
Median Home Value
$159K |
This Opportunity Zone has a median home valueof approximately $160,000, which is 45% lowerthan the median home value for the state of Virginia of $290,000.
Education
95% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 95%, which is 5% higherthan the rate for the state of Virginia of 90%.
Median Age
26 |
This Opportunity Zone has a median ageof approximately 26, which is 33% 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.