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.

Similar Opportunity Zones

Archives

Categories

Featured Video