Census Tract 8, Houghton, Michigan

Census Tract 8 is a Low-Income CommunityOpportunity Zone located in Houghton, Michigan.

This 5.1 square milecensus tract has a population of approximately 6,400and is the only Opportunity Zone in Houghton County.

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

Census Tract 8 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

$20K

This Opportunity Zone has a median household incomeof approximately $20,000, which is 67% lowerthan the median household income for the state of Michigan of $60,000.

Poverty Rate

43%

The percentage of households below the poverty line in this Opportunity Zone is 43%, which is 30% higherthan the rate for the state of Michigan of 13%.

Median Home Value

$162K

This Opportunity Zone has a median home valueof approximately $160,000, which is 6% 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

22

This Opportunity Zone has a median ageof approximately 22, which is 45% 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

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