Census Tract 7020, Silver Spring, Maryland

Census Tract 7020 is a Low-Income Community Opportunity Zone located in Silver Spring, Maryland .

This 0.4 square mile census tract has a population of approximately 5,700 and is one of 14 Opportunity Zones in Montgomery County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 7020 Demographics

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

Median Household Income

$57K

This Opportunity Zone has a median household income of approximately $57,000 , which is 34% lower than the median household income for the state of Maryland of $87,000 .

Poverty Rate

16%

The percentage of households below the poverty line in this Opportunity Zone is 16% , which is 7% higher than the rate for the state of Maryland of 9% .

Median Home Value

$306K

This Opportunity Zone has a median home value of approximately $310,000 , which is 6% lower than the median home value for the state of Maryland of $330,000 .

Education

53%

This Opportunity Zone has a percentage of population with high school diploma of approximately 53% , which is 37% lower than the rate for the state of Maryland of 90% .

Median Age

30

This Opportunity Zone has a median age of approximately 30 , which is 23% 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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