Census Tract 1, Zeba, Michigan

Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Zeba, Michigan.

This 420 square milecensus tract has a population of approximately 4,100and is the only Opportunity Zone in Baraga County.

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

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Census Tract 1 Demographics

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

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Median Household Income

$46K

This Opportunity Zone has a median household incomeof approximately $46,000, which is 23% lowerthan the median household income for the state of Michigan of $60,000.

Poverty Rate

14%

The percentage of households below the poverty line in this Opportunity Zone is 14%, which is 1% higherthan the rate for the state of Michigan of 13%.

Median Home Value

$90K

This Opportunity Zone has a median home valueof approximately $90,000, which is 47% lowerthan the median home value for the state of Michigan of $170,000.

Education

93%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 93%, which is 2% higherthan the rate for the state of Michigan of 91%.

Median Age

50

This Opportunity Zone has a median ageof approximately 50, which is 25% higherthan 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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