Census Tract 3, Red Lodge, Montana

Census Tract 3 is a Low-Income CommunityOpportunity Zone located in Red Lodge, Montana.

This 12 square milecensus tract has a population of approximately 2,300and is the only Opportunity Zone in Carbon County.

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

Census Tract 3 Demographics

The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:

Advertisement

Median Household Income

$49K

This Opportunity Zone has a median household incomeof approximately $49,000, which is 14% lowerthan the median household income for the state of Montana of $57,000.

Poverty Rate

12%

The percentage of households below the poverty line in this Opportunity Zone is 12%, which is 1% lowerthan the rate for the state of Montana of 13%.

Median Home Value

$260K

This Opportunity Zone has a median home valueof approximately $260,000, which is 4% higherthan the median home value for the state of Montana of $250,000.

Education

96%

This Opportunity Zone has a percentage of population with high school diplomaof approximately 96%, which is 2% higherthan the rate for the state of Montana of 94%.

Median Age

51

This Opportunity Zone has a median ageof approximately 51, which is 24% higherthan the median age for the state of Montana of 41.

Montana OZ Funds

There are 4QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Montanaas a target market. Additional OZ funds may also invest in Montana; see a complete list of Opportunity Zone Funds here.

Similar Opportunity Zones

Archives

Categories