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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
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.
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
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.
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%.
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.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Maine properties.