OZ Pitch Day - July 20, 2023
Census Tract 3, Staunton, Virginia
Census Tract 3 is a Low-Income CommunityOpportunity Zone located in Staunton, Virginia.
This 2.3 square milecensus tract has a population of approximately 5,500and is one of 2 Opportunity Zones in Staunton city.
The adjacent map shows the location of this Opportunity Zone in Virginia.
Census Tract 3 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
This Opportunity Zone has a median household incomeof approximately $57,000, which is 25% lowerthan the median household income for the state of Virginia of $76,000.
The percentage of households below the poverty line in this Opportunity Zone is 11%, which is 1% higherthan the rate for the state of Virginia of 9.9%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $150,000, which is 48% lowerthan the median home value for the state of Virginia of $290,000.
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%.
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.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Virginia properties.