Find Your Next Investment At OZ Pitch Day - July 28
Census Tract 300, Millinocket, Maine
Census Tract 300 is a Low-Income CommunityOpportunity Zone located in Millinocket, Maine.
This 11 square milecensus tract has a population of approximately 4,300and is one of 7 Opportunity Zones in Penobscot County.
The adjacent map shows the location of this Opportunity Zone in Maine.
Census Tract 300 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 $33,000, which is 44% 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 11%, which is 0% lowerthan the rate for the state of Maine of 11%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $61,000, which is 69% 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 89%, which is 4% lowerthan the rate for the state of Maine of 93%.
This Opportunity Zone has a median ageof approximately 57, which is 27% higherthan 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.