OZ Pitch Day - Nov 14th
OZ Pitch Day - Nov 14th
Census Tract 9503, Chestertown, Maryland
Census Tract 9503 is a Low-Income CommunityOpportunity Zone located in Chestertown, Maryland.
This 8.3 square milecensus tract has a population of approximately 5,700and is the only Opportunity Zone in Kent County.
The adjacent map shows the location of this Opportunity Zone in Maryland.
Census Tract 9503 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$50K |
This Opportunity Zone has a median household incomeof approximately $50,000, which is 43% lowerthan the median household income for the state of Maryland of $87,000.
Poverty Rate
14% |
The percentage of households below the poverty line in this Opportunity Zone is 14%, which is 5% higherthan the rate for the state of Maryland of 9%.
Median Home Value
$256K |
This Opportunity Zone has a median home valueof approximately $260,000, which is 21% lowerthan the median home value for the state of Maryland of $330,000.
Education
87% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 87%, which is 3% lowerthan the rate for the state of Maryland of 90%.
Median Age
41 |
This Opportunity Zone has a median ageof approximately 41, which is 5% 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.
