OZ Pitch Day - Nov 14th
OZ Pitch Day - Nov 14th
Census Tract 8, Cumberland, Maryland
Census Tract 8 is a Low-Income Community Opportunity Zone located in Cumberland, Maryland .
This 1.3 square mile census tract has a population of approximately 2,000 and is one of 4 Opportunity Zones in Allegany County .
The adjacent map shows the location of this Opportunity Zone in Maryland.
Opportunity Zone Map
Map created by OpportunityZones.com
Census Tract 8 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$31K |
This Opportunity Zone has a median household income of approximately $31,000 , which is 64% lower than the median household income for the state of Maryland of $87,000 .
Poverty Rate
32% |
The percentage of households below the poverty line in this Opportunity Zone is 32% , which is 23% higher than the rate for the state of Maryland of 9% .
Median Home Value
$83K |
This Opportunity Zone has a median home value of approximately $83,000 , which is 75% lower than the median home value for the state of Maryland of $330,000 .
Education
85% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 85% , which is 5% lower than the rate for the state of Maryland of 90% .
Median Age
35 |
This Opportunity Zone has a median age of approximately 35 , which is 10% lower than the median age for the state of Maryland of 39 .
Maryland OZ Funds
To view Maryland Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.