Census Tract 71, Old Town, Maine

Census Tract 71 is a Low-Income CommunityOpportunity Zone located in Old Town, Maine.

This 5.6 square milecensus tract has a population of approximately 4,600and is one of 7 Opportunity Zones in Penobscot County.

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

Census Tract 71 Demographics

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

Median Household Income

$38K

This Opportunity Zone has a median household incomeof approximately $38,000, which is 36% lowerthan the median household income for the state of Maine of $59,000.

Poverty Rate

26%

The percentage of households below the poverty line in this Opportunity Zone is 26%, which is 15% higherthan the rate for the state of Maine of 11%.

Median Home Value

$126K

This Opportunity Zone has a median home valueof approximately $130,000, which is 35% lowerthan the median home value for the state of Maine of $200,000.

Education

93%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 93%, which is 0% lowerthan the rate for the state of Maine of 93%.

Median Age

36

This Opportunity Zone has a median ageof approximately 36, which is 20% 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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