Census Tract 4462, Chelsea, Michigan

Census Tract 4462 is a Low-Income CommunityOpportunity Zone located in Chelsea, Michigan.

This 1.5 square milecensus tract has a population of approximately 2,200and is one of 11 Opportunity Zones in Washtenaw County.

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

Census Tract 4462 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

$77K

This Opportunity Zone has a median household incomeof approximately $77,000, which is 28% higherthan the median household income for the state of Michigan of $60,000.

Poverty Rate

4.7%

The percentage of households below the poverty line in this Opportunity Zone is 4.7%, which is 8% lowerthan the rate for the state of Michigan of 13%.

Median Home Value

$188K

This Opportunity Zone has a median home valueof approximately $190,000, which is 12% higherthan the median home value for the state of Michigan of $170,000.

Education

92%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 92%, which is 1% higherthan the rate for the state of Michigan of 91%.

Median Age

48

This Opportunity Zone has a median ageof approximately 48, which is 20% 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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