Census Tract 5414, Detroit, Michigan

Census Tract 5414 is a Low-Income Community Opportunity Zone located in Detroit, Michigan .

This 1 square mile census tract has a population of approximately 2,900 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 5414 Demographics

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

Median Household Income

$38K

This Opportunity Zone has a median household income of approximately $38,000 , which is 37% lower than the median household income for the state of Michigan of $60,000 .

Poverty Rate

25%

The percentage of households below the poverty line in this Opportunity Zone is 25% , which is 12% higher than the rate for the state of Michigan of 13% .

Median Home Value

$40K

This Opportunity Zone has a median home value of approximately $40,000 , which is 76% lower than the median home value for the state of Michigan of $170,000 .

Education

89%

This Opportunity Zone has a percentage of population with high school diploma of approximately 89% , which is 2% lower than the rate for the state of Michigan of 91% .

Median Age

36

This Opportunity Zone has a median age of approximately 36 , which is 10% 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