Multifamily Investor Expo - Feb 15th
Census Tract 24, Oakvale, West Virginia
Census Tract 24 is a Low-Income CommunityOpportunity Zone located in Oakvale, West Virginia.
This 68 square milecensus tract has a population of approximately 2,700and is one of 3 Opportunity Zones in Mercer County.
The adjacent map shows the location of this Opportunity Zone in West Virginia.
Census Tract 24 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 $42,000, which is 14% lowerthan the median household income for the state of West Virginia of $49,000.
The percentage of households below the poverty line in this Opportunity Zone is 9.6%, which is 6% lowerthan the rate for the state of West Virginia of 16%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $120,000, which is 0% lowerthan the median home value for the state of West Virginia of $120,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 83%, which is 4% lowerthan the rate for the state of West Virginia of 87%.
This Opportunity Zone has a median ageof approximately 47, which is 9% higherthan the median age for the state of West Virginia of 43.
West Virginia OZ Funds
There are 2QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify West Virginiaas a target market. Additional OZ funds may also invest in West Virginia; see a complete list of Opportunity Zone Funds here.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on West Virginia properties.