Census Tract 5429, Detroit, Michigan

Census Tract 5429 is a Non-LIC ContiguousOpportunity Zone located in Detroit, Michigan.

This 0.5 square milecensus tract has a population of approximately 3,900and is one of 94 Opportunity Zones in Wayne County.

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

Census Tract 5429 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

$61K

This Opportunity Zone has a median household incomeof approximately $61,000, which is 2% higherthan the median household income for the state of Michigan of $60,000.

Poverty Rate

4%

The percentage of households below the poverty line in this Opportunity Zone is 4%, which is 9% lowerthan the rate for the state of Michigan of 13%.

Median Home Value

$96K

This Opportunity Zone has a median home valueof approximately $96,000, which is 44% lowerthan the median home value for the state of Michigan of $170,000.

Education

94%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 94%, which is 3% higherthan the rate for the state of Michigan of 91%.

Median Age

43

This Opportunity Zone has a median ageof approximately 43, which is 8% 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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