OZ Pitch Day - Nov 14th
OZ Pitch Day - Nov 14th
Census Tract 8, Houghton, Michigan
Census Tract 8 is a Low-Income Community Opportunity Zone located in Houghton, Michigan .
This 5.1 square mile census tract has a population of approximately 6,400 and is the only Opportunity Zone in Houghton County .
The adjacent map shows the location of this Opportunity Zone in Michigan.
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
$20K |
This Opportunity Zone has a median household income of approximately $20,000 , which is 67% lower than the median household income for the state of Michigan of $60,000 .
Poverty Rate
43% |
The percentage of households below the poverty line in this Opportunity Zone is 43% , which is 30% higher than the rate for the state of Michigan of 13% .
Median Home Value
$162K |
This Opportunity Zone has a median home value of approximately $160,000 , which is 6% lower than the median home value for the state of Michigan of $170,000 .
Education
93% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 93% , which is 2% higher than the rate for the state of Michigan of 91% .
Median Age
22 |
This Opportunity Zone has a median age of approximately 22 , which is 45% lower than the median age for the state of Michigan of 40 .
Michigan OZ Funds
To view Michigan Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.