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.

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