Census Tract 608, Richmond, Virginia

Census Tract 608 is a Low-Income CommunityOpportunity Zone located in Richmond, Virginia.

This 2.6 square milecensus tract has a population of approximately 3,600and is one of 11 Opportunity Zones in Richmond city.

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

Census Tract 608 Demographics

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

Median Household Income

$28K

This Opportunity Zone has a median household incomeof approximately $28,000, which is 63% lowerthan the median household income for the state of Virginia of $76,000.

Poverty Rate

38%

The percentage of households below the poverty line in this Opportunity Zone is 38%, which is 28% higherthan the rate for the state of Virginia of 9.9%.

Median Home Value

$70K

This Opportunity Zone has a median home valueof approximately $70,000, which is 76% lowerthan the median home value for the state of Virginia of $290,000.

Education

64%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 64%, which is 26% lowerthan the rate for the state of Virginia of 90%.

Median Age

36

This Opportunity Zone has a median ageof approximately 36, which is 8% 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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