Census Tract 3, Manistique, Michigan

Census Tract 3 is a Low-Income CommunityOpportunity Zone located in Manistique, Michigan.

This 7.6 square milecensus tract has a population of approximately 3,200and is the only Opportunity Zone in Schoolcraft County.

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

Census Tract 3 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

$33K

This Opportunity Zone has a median household incomeof approximately $33,000, which is 45% lowerthan the median household income for the state of Michigan of $60,000.

Poverty Rate

22%

The percentage of households below the poverty line in this Opportunity Zone is 22%, which is 9% higherthan the rate for the state of Michigan of 13%.

Median Home Value

$64K

This Opportunity Zone has a median home valueof approximately $64,000, which is 62% lowerthan the median home value for the state of Michigan of $170,000.

Education

88%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 88%, which is 3% lowerthan the rate for the state of Michigan of 91%.

Median Age

50

This Opportunity Zone has a median ageof approximately 50, which is 25% 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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