Census Tract 4042.02, Owings Mills, Maryland

Census Tract 4042.02 is a Low-Income CommunityOpportunity Zone located in Owings Mills, Maryland.

This 2.2 square milecensus tract has a population of approximately 8,700and is one of 10 Opportunity Zones in Baltimore County.

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

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Census Tract 4042.02 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

$63K

This Opportunity Zone has a median household incomeof approximately $63,000, which is 28% lowerthan the median household income for the state of Maryland of $87,000.

Poverty Rate

21%

The percentage of households below the poverty line in this Opportunity Zone is 21%, which is 12% higherthan the rate for the state of Maryland of 9%.

Median Home Value

$246K

This Opportunity Zone has a median home valueof approximately $250,000, which is 24% lowerthan the median home value for the state of Maryland of $330,000.

Education

83%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 83%, which is 7% lowerthan the rate for the state of Maryland of 90%.

Median Age

25

This Opportunity Zone has a median ageof approximately 25, which is 36% lowerthan the median age for the state of Maryland of 39.

Maryland OZ Funds

There are 7QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Marylandas a target market. Additional OZ funds may also invest in Maryland; see a complete list of Opportunity Zone Funds here.

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