OZ Pitch Day - Nov 14th
OZ Pitch Day - Nov 14th
Census Tract 5859, Romulus, Michigan
Census Tract 5859 is a Low-Income Community Opportunity Zone located in Romulus, Michigan .
This 2.9 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 5859 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$40K |
This Opportunity Zone has a median household income of approximately $40,000 , which is 33% 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
$119K |
This Opportunity Zone has a median home value of approximately $120,000 , which is 29% lower than the median home value for the state of Michigan of $170,000 .
Education
84% |
This Opportunity Zone has a percentage of population with high school diploma of approximately 84% , which is 7% lower than the rate for the state of Michigan of 91% .
Median Age
45 |
This Opportunity Zone has a median age of approximately 45 , which is 13% 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.
