Census Tract 8314, Monroe, Michigan

Census Tract 8314 is a Low-Income CommunityOpportunity Zone located in Monroe, Michigan.

This 5.6 square milecensus tract has a population of approximately 6,900and is one of 2 Opportunity Zones in Monroe County.

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

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Census Tract 8314 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

$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

12%

The percentage of households below the poverty line in this Opportunity Zone is 12%, which is 1% lowerthan the rate for the state of Michigan of 13%.

Median Home Value

$198K

This Opportunity Zone has a median home valueof approximately $200,000, which is 18% higherthan 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

44

This Opportunity Zone has a median ageof approximately 44, which is 10% 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.

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