Census Tract 3807, Cadillac, Michigan

Census Tract 3807 is a Low-Income CommunityOpportunity Zone located in Cadillac, Michigan.

This 1.6 square milecensus tract has a population of approximately 3,200and is the only Opportunity Zone in Wexford County.

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

Census Tract 3807 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

$30K

This Opportunity Zone has a median household incomeof approximately $30,000, which is 50% lowerthan the median household income for the state of Michigan of $60,000.

Poverty Rate

28%

The percentage of households below the poverty line in this Opportunity Zone is 28%, which is 15% higherthan the rate for the state of Michigan of 13%.

Median Home Value

$65K

This Opportunity Zone has a median home valueof approximately $65,000, which is 62% lowerthan the median home value for the state of Michigan of $170,000.

Education

93%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 93%, which is 2% higherthan the rate for the state of Michigan of 91%.

Median Age

35

This Opportunity Zone has a median ageof approximately 35, which is 12% 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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