OZ Pitch Day - June 19
OZ Pitch Day - June 19
Census Tract 3, Iron River, Michigan
Census Tract 3 is a Low-Income Community Opportunity Zone located in Iron River, Michigan .
This 18 square mile census tract has a population of approximately 2,600 and is the only Opportunity Zone in Iron County .
The adjacent map shows the location of this Opportunity Zone in Michigan.
Opportunity Zone Map
Map created by OpportunityZones.com
Census Tract 3 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$34K |
This Opportunity Zone has a median household income of approximately $34,000 , which is 43% lower than the median household income for the state of Michigan of $60,000 .
Poverty Rate
18% |
The percentage of households below the poverty line in this Opportunity Zone is 18% , which is 5% higher than the rate for the state of Michigan of 13% .
Median Home Value
$60K |
This Opportunity Zone has a median home value of approximately $60,000 , which is 65% lower than the median home value for the state of Michigan of $170,000 .
Education
90% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 90% , which is 1% lower than the rate for the state of Michigan of 91% .
Median Age
51 |
This Opportunity Zone has a median age of approximately 51 , which is 28% higher 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.
