Census Tract 3, Portland, Maine

Census Tract 3 is a Low-Income CommunityOpportunity Zone located in Portland, Maine.

This 0.7 square milecensus tract has a population of approximately 2,700and is one of 4 Opportunity Zones in Cumberland County.

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

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

$28K

This Opportunity Zone has a median household incomeof approximately $28,000, which is 53% lowerthan the median household income for the state of Maine of $59,000.

Poverty Rate

28%

The percentage of households below the poverty line in this Opportunity Zone is 28%, which is 17% higherthan the rate for the state of Maine of 11%.

Median Home Value

$367K

This Opportunity Zone has a median home valueof approximately $370,000, which is 85% higherthan the median home value for the state of Maine of $200,000.

Education

89%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 89%, which is 4% lowerthan the rate for the state of Maine of 93%.

Median Age

37

This Opportunity Zone has a median ageof approximately 37, which is 18% lowerthan the median age for the state of Maine of 45.

Maine OZ Funds

There are 2QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Maineas a target market. Additional OZ funds may also invest in Maine; see a complete list of Opportunity Zone Funds here.

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