Census Tract 9702, Sault Ste. Marie, Michigan

Census Tract 9702 is a Low-Income CommunityOpportunity Zone located in Sault Ste. Marie, Michigan.

This 4.2 square milecensus tract has a population of approximately 3,300and is one of 2 Opportunity Zones in Chippewa County.

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

Census Tract 9702 Demographics

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

Advertisement

Median Household Income

$31K

This Opportunity Zone has a median household incomeof approximately $31,000, which is 48% lowerthan the median household income for the state of Michigan of $60,000.

Poverty Rate

25%

The percentage of households below the poverty line in this Opportunity Zone is 25%, which is 12% 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

84%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 84%, which is 7% lowerthan the rate for the state of Michigan of 91%.

Median Age

33

This Opportunity Zone has a median ageof approximately 33, which is 17% 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.

Similar Opportunity Zones

Archives

Categories