Census Tract 1705, Milaca, Minnesota

Census Tract 1705 is a Low-Income Community Opportunity Zone located in Milaca, Minnesota .

This 37 square mile census tract has a population of approximately 4,400 and is one of 3 Opportunity Zones in Mille Lacs County .

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

Opportunity Zone Map

Map created by OpportunityZones.com

Census Tract 1705 Demographics

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

Median Household Income

$52K

This Opportunity Zone has a median household income of approximately $52,000 , which is 31% lower than the median household income for the state of Minnesota of $75,000 .

Poverty Rate

14%

The percentage of households below the poverty line in this Opportunity Zone is 14% , which is 5% higher than the rate for the state of Minnesota of 9% .

Median Home Value

$144K

This Opportunity Zone has a median home value of approximately $140,000 , which is 44% lower than the median home value for the state of Minnesota of $250,000 .

Education

88%

This Opportunity Zone has a percentage of population with high school diploma of approximately 88% , which is 6% lower than the rate for the state of Minnesota of 94% .

Median Age

42

This Opportunity Zone has a median age of approximately 42 , which is 11% higher than the median age for the state of Minnesota of 38 .

Minnesota OZ Funds

To view Minnesota Opportunity Zone funds, please visit our list of Qualified Opportunity Funds that are open to investors.

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