Census Tract 3, Bangor, Maine

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

This 3 square milecensus tract has a population of approximately 4,500and is one of 7 Opportunity Zones in Penobscot County.

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

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Census Tract 3 Demographics

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

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Median Household Income

$55K

This Opportunity Zone has a median household incomeof approximately $55,000, which is 7% lowerthan the median household income for the state of Maine of $59,000.

Poverty Rate

9.5%

The percentage of households below the poverty line in this Opportunity Zone is 9.5%, which is 2% lowerthan the rate for the state of Maine of 11%.

Median Home Value

$170K

This Opportunity Zone has a median home valueof approximately $170,000, which is 15% lowerthan the median home value for the state of Maine of $200,000.

Education

94%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 94%, which is 1% higherthan the rate for the state of Maine of 93%.

Median Age

44

This Opportunity Zone has a median ageof approximately 44, which is 2% 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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