Census Tract 448.06, Virginia Beach, Virginia

Census Tract 448.06 is a Low-Income CommunityOpportunity Zone located in Virginia Beach, Virginia.

This 1.1 square milecensus tract has a population of approximately 3,300and is one of 8 Opportunity Zones in Virginia Beach city.

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

Census Tract 448.06 Demographics

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

Median Household Income

$45K

This Opportunity Zone has a median household incomeof approximately $45,000, which is 41% lowerthan the median household income for the state of Virginia of $76,000.

Poverty Rate

21%

The percentage of households below the poverty line in this Opportunity Zone is 21%, which is 11% higherthan the rate for the state of Virginia of 9.9%.

Median Home Value

$224K

This Opportunity Zone has a median home valueof approximately $220,000, which is 24% lowerthan the median home value for the state of Virginia of $290,000.

Education

93%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 93%, which is 3% higherthan the rate for the state of Virginia of 90%.

Median Age

33

This Opportunity Zone has a median ageof approximately 33, which is 15% 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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