Census Tract 5, East Tawas, Michigan

Census Tract 5 is a Low-Income CommunityOpportunity Zone located in East Tawas, Michigan.

This 7.6 square milecensus tract has a population of approximately 3,800and is one of 2 Opportunity Zones in Iosco County.

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

Census Tract 5 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

$43K

This Opportunity Zone has a median household incomeof approximately $43,000, which is 28% lowerthan the median household income for the state of Michigan of $60,000.

Poverty Rate

16%

The percentage of households below the poverty line in this Opportunity Zone is 16%, which is 3% higherthan the rate for the state of Michigan of 13%.

Median Home Value

$99K

This Opportunity Zone has a median home valueof approximately $99,000, which is 42% lowerthan the median home value for the state of Michigan of $170,000.

Education

92%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 92%, which is 1% higherthan the rate for the state of Michigan of 91%.

Median Age

53

This Opportunity Zone has a median ageof approximately 53, which is 33% 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

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