Census Tract 38, Grand Rapids, Michigan

Census Tract 38 is a Low-Income CommunityOpportunity Zone located in Grand Rapids, Michigan.

This 0.5 square milecensus tract has a population of approximately 5,200and is one of 10 Opportunity Zones in Kent County.

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

Census Tract 38 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

$38K

This Opportunity Zone has a median household incomeof approximately $38,000, which is 37% lowerthan the median household income for the state of Michigan of $60,000.

Poverty Rate

40%

The percentage of households below the poverty line in this Opportunity Zone is 40%, which is 27% higherthan the rate for the state of Michigan of 13%.

Median Home Value

$61K

This Opportunity Zone has a median home valueof approximately $61,000, which is 64% lowerthan the median home value for the state of Michigan of $170,000.

Education

38%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 38%, which is 53% lowerthan the rate for the state of Michigan of 91%.

Median Age

24

This Opportunity Zone has a median ageof approximately 24, which is 40% 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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