Census Tract 8508.02, Waldorf, Maryland

Census Tract 8508.02 is a Low-Income CommunityOpportunity Zone located in Waldorf, Maryland.

This 15 square milecensus tract has a population of approximately 5,500and is one of 3 Opportunity Zones in Charles County.

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

Census Tract 8508.02 Demographics

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

Median Household Income

$82K

This Opportunity Zone has a median household incomeof approximately $82,000, which is 6% lowerthan the median household income for the state of Maryland of $87,000.

Poverty Rate

3.7%

The percentage of households below the poverty line in this Opportunity Zone is 3.7%, which is 5% lowerthan the rate for the state of Maryland of 9%.

Median Home Value

$285K

This Opportunity Zone has a median home valueof approximately $280,000, which is 15% lowerthan the median home value for the state of Maryland of $330,000.

Education

92%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 92%, which is 2% higherthan the rate for the state of Maryland of 90%.

Median Age

33

This Opportunity Zone has a median ageof approximately 33, which is 15% 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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