Census Tract 4, Alpena, Michigan

Census Tract 4 is a Low-Income CommunityOpportunity Zone located in Alpena, Michigan.

This 1.9 square milecensus tract has a population of approximately 2,900and is the only Opportunity Zone in Alpena County.

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

Census Tract 4 Demographics

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

Median Household Income

$35K

This Opportunity Zone has a median household incomeof approximately $35,000, which is 42% lowerthan the median household income for the state of Michigan of $60,000.

Poverty Rate

23%

The percentage of households below the poverty line in this Opportunity Zone is 23%, which is 10% higherthan the rate for the state of Michigan of 13%.

Median Home Value

$56K

This Opportunity Zone has a median home valueof approximately $56,000, which is 67% lowerthan the median home value for the state of Michigan of $170,000.

Education

94%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 94%, which is 3% higherthan the rate for the state of Michigan of 91%.

Median Age

38

This Opportunity Zone has a median ageof approximately 38, which is 5% lowerthan the median age for the state of Michigan of 40.

Michigan OZ Funds

There are 6QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Michiganas a target market. Additional OZ funds may also invest in Michigan; see a complete list of Opportunity Zone Funds here.

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