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Census Tract 6, Oakland, Maryland
Census Tract 6 is a Low-Income CommunityOpportunity Zone located in Oakland, Maryland.
This 84 square milecensus tract has a population of approximately 5,700and is one of 3 Opportunity Zones in Garrett County.
The adjacent map shows the location of this Opportunity Zone in Maryland.
Census Tract 6 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 $49,000, which is 44% lowerthan the median household income for the state of Maryland of $87,000.
The percentage of households below the poverty line in this Opportunity Zone is 9.5%, which is 1% higherthan the rate for the state of Maryland of 9%.
Median Home Value
This Opportunity Zone has a median home valueof approximately $180,000, which is 45% lowerthan the median home value for the state of Maryland of $330,000.
This Opportunity Zone has a percentage of population with high school diplomaof approximately 88%, which is 2% lowerthan the rate for the state of Maryland of 90%.
This Opportunity Zone has a median ageof approximately 48, which is 23% higherthan 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.
There are no Opportunity Zone Funds in the OpportunityDb databasewith a focus specifically on Maryland properties.