Census Tract 9703, Mio, Michigan

Census Tract 9703 is a Low-Income CommunityOpportunity Zone located in Mio, Michigan.

This 170 square milecensus tract has a population of approximately 1,600and is the only Opportunity Zone in Oscoda County.

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

Census Tract 9703 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

21%

The percentage of households below the poverty line in this Opportunity Zone is 21%, which is 8% higherthan the rate for the state of Michigan of 13%.

Median Home Value

$81K

This Opportunity Zone has a median home valueof approximately $81,000, which is 52% lowerthan the median home value for the state of Michigan of $170,000.

Education

86%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 86%, which is 5% lowerthan the rate for the state of Michigan of 91%.

Median Age

51

This Opportunity Zone has a median ageof approximately 51, which is 28% 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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