OZ Pitch Day On-Demand
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.
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 $55,000, which is 7% 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 9.5%, which is 2% lowerthan the rate for the state of Maine of 11%.
Median Home Value
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.
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%.
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.
|Fund Name||Asset Classes||Property Types||Fund Size|
|KindCare Assisted Living||Business, Real Estate||Residential, Senior Housing||$30M|
|Strategic Rivermont OZ Fund, LLC||Real Estate||Commercial, Energy Development, Hotel, Mixed-Use, Residential, Stadiums and Arenas, Student Housing||$100M|
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Maine properties.