Census Tract 6, Clare, Michigan

Census Tract 6 is a Low-Income CommunityOpportunity Zone located in Clare, Michigan.

This 6.3 square milecensus tract has a population of approximately 3,700and is one of 2 Opportunity Zones in Clare County.

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

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

$44K

This Opportunity Zone has a median household incomeof approximately $44,000, which is 27% lowerthan the median household income for the state of Michigan of $60,000.

Poverty Rate

20%

The percentage of households below the poverty line in this Opportunity Zone is 20%, which is 7% higherthan the rate for the state of Michigan of 13%.

Median Home Value

$110K

This Opportunity Zone has a median home valueof approximately $110,000, which is 35% lowerthan the median home value for the state of Michigan of $170,000.

Education

91%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 91%, which is 0% lowerthan the rate for the state of Michigan of 91%.

Median Age

42

This Opportunity Zone has a median ageof approximately 42, which is 5% 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.

Similar Opportunity Zones

Archives

Categories

Featured Webinar

San Jose OZ Projects