OZ Pitch Day - June 13, 2024
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OZ Pitch Day - June 13, 2024
Census Tract 8610.04, Chesapeake Ranch Estates, Maryland
Census Tract 8610.04 is a Low-Income CommunityOpportunity Zone located in Chesapeake Ranch Estates, Maryland.
This 2.9 square milecensus tract has a population of approximately 6,800and is one of 3 Opportunity Zones in Calvert County.
The adjacent map shows the location of this Opportunity Zone in Maryland.
Census Tract 8610.04 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$94K |
This Opportunity Zone has a median household incomeof approximately $94,000, which is 8% higherthan the median household income for the state of Maryland of $87,000.
Poverty Rate
5.2% |
The percentage of households below the poverty line in this Opportunity Zone is 5.2%, which is 4% lowerthan the rate for the state of Maryland of 9%.
Median Home Value
$213K |
This Opportunity Zone has a median home valueof approximately $210,000, which is 36% lowerthan the median home value for the state of Maryland of $330,000.
Education
97% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 97%, which is 7% higherthan the rate for the state of Maryland of 90%.
Median Age
32 |
This Opportunity Zone has a median ageof approximately 32, which is 18% 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.