Census Tract 506, Carolina, Puerto Rico

Census Tract 506 is a Low-Income CommunityOpportunity Zone located in Carolina, Puerto Rico.

This 0.6 square milecensus tract has a population of approximately 5,300and 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 506 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

$23K

This Opportunity Zone has a median household incomeof approximately $23,000, which is 15% higherthan the median household income for the state of Puerto Rico of $20,000.

Poverty Rate

45%

The percentage of households below the poverty line in this Opportunity Zone is 45%, which is 2% higherthan the rate for the state of Puerto Rico of 43%.

Median Home Value

$116K

This Opportunity Zone has a median home valueof approximately $120,000, which is 9% higherthan the median home value for the state of Puerto Rico of $110,000.

Education

79%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 79%, which is 0% lowerthan the rate for the state of Puerto Rico of 79%.

Median Age

40

This Opportunity Zone has a median ageof approximately 40, which is 7% 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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