Census Tract 1, Martinsville, Virginia

Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Martinsville, Virginia.

This 3 square milecensus tract has a population of approximately 3,000and is one of 2 Opportunity Zones in Martinsville city.

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

Census Tract 1 Demographics

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

Median Household Income

$29K

This Opportunity Zone has a median household incomeof approximately $29,000, which is 62% lowerthan the median household income for the state of Virginia of $76,000.

Poverty Rate

24%

The percentage of households below the poverty line in this Opportunity Zone is 24%, which is 14% higherthan the rate for the state of Virginia of 9.9%.

Median Home Value

$58K

This Opportunity Zone has a median home valueof approximately $58,000, which is 80% 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

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.

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