Census Tract 505.04, Carolina, Puerto Rico

Census Tract 505.04 is a Low-Income CommunityOpportunity Zone located in Carolina, Puerto Rico.

This 1.1 square milecensus tract has a population of approximately 5,700and is one of 34 Opportunity Zones in Carolina Municipio.

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

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Census Tract 505.04 Demographics

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

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Median Household Income

$36K

This Opportunity Zone has a median household incomeof approximately $36,000, which is 80% higherthan the median household income for the state of Puerto Rico of $20,000.

Poverty Rate

27%

The percentage of households below the poverty line in this Opportunity Zone is 27%, which is 16% lowerthan the rate for the state of Puerto Rico of 43%.

Median Home Value

$140K

This Opportunity Zone has a median home valueof approximately $140,000, which is 27% higherthan the median home value for the state of Puerto Rico of $110,000.

Education

87%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 87%, which is 8% higherthan the rate for the state of Puerto Rico of 79%.

Median Age

38

This Opportunity Zone has a median ageof approximately 38, which is 12% lowerthan the median age for the state of Puerto Rico of 43.

Puerto Rico OZ Funds

There are 4QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Puerto Ricoas a target market. Additional OZ funds may also invest in Puerto Rico; see a complete list of Opportunity Zone Funds here.

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