Census Tract 1, Saginaw, Michigan

Census Tract 1 is a Low-Income CommunityOpportunity Zone located in Saginaw, Michigan.

This 1.7 square milecensus tract has a population of approximately 720and is one of 7 Opportunity Zones in Saginaw County.

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

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Census Tract 1 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

$23K

This Opportunity Zone has a median household incomeof approximately $23,000, which is 62% lowerthan the median household income for the state of Michigan of $60,000.

Poverty Rate

34%

The percentage of households below the poverty line in this Opportunity Zone is 34%, which is 21% higherthan the rate for the state of Michigan of 13%.

Median Home Value

$40K

This Opportunity Zone has a median home valueof approximately $40,000, which is 76% lowerthan the median home value for the state of Michigan of $170,000.

Education

82%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 82%, which is 9% lowerthan the rate for the state of Michigan of 91%.

Median Age

36

This Opportunity Zone has a median ageof approximately 36, which is 10% 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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