Census Tract 5231, Detroit, Michigan

Census Tract 5231 is a Low-Income Community Opportunity Zone located in Detroit, Michigan .

This 0.6 square mile census tract has a population of approximately 1,500 and is one of 94 Opportunity Zones in Wayne County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 5231 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 48% lower than the median household income for the state of Michigan of $60,000 .

Poverty Rate

36%

The percentage of households below the poverty line in this Opportunity Zone is 36% , which is 23% higher than the rate for the state of Michigan of 13% .

Median Home Value

$38K

This Opportunity Zone has a median home value of approximately $38,000 , which is 78% lower than the median home value for the state of Michigan of $170,000 .

Education

61%

This Opportunity Zone has a percentage of population with high school diploma of approximately 61% , which is 30% lower than the rate for the state of Michigan of 91% .

Median Age

30

This Opportunity Zone has a median age of approximately 30 , which is 25% 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.

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