Census Tract 28, Grand Rapids, Michigan

Census Tract 28 is a Low-Income CommunityOpportunity Zone located in Grand Rapids, Michigan.

This 0.5 square milecensus tract has a population of approximately 1,600and is one of 10 Opportunity Zones in Kent County.

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

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Census Tract 28 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

$21K

This Opportunity Zone has a median household incomeof approximately $21,000, which is 65% lowerthan the median household income for the state of Michigan of $60,000.

Poverty Rate

44%

The percentage of households below the poverty line in this Opportunity Zone is 44%, which is 31% higherthan the rate for the state of Michigan of 13%.

Median Home Value

$102K

This Opportunity Zone has a median home valueof approximately $100,000, which is 41% lowerthan the median home value for the state of Michigan of $170,000.

Education

74%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 74%, which is 17% lowerthan the rate for the state of Michigan of 91%.

Median Age

29

This Opportunity Zone has a median ageof approximately 29, which is 27% 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.

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