Michigan Opportunity Zones Demographics for Michigan’s Opportunity Zones Major urban areas with largest number of zones Michigan Michigan Detroit Opportunity Zones Minority 25% 41% Population 69 Tracts Poverty 14% 25% Rate Average $72,600 $49,100 MFI* Bachelor’s 29% 20% Degree+ Flint Adults Not 23% 28% Working Housing 8% 12% Vacancy 288 Opportunity Zones 9 Tracts Rent 49% 53% 882k Zone Residents Burdened 777k Zone Jobs Congressional districts with largest number of zones 52k Zone Businesses Grand Rapids Representative District Party Zones Rashida Tlaib MI-13 D 52 Non-Metro Brenda L. Lawrence MI-14 D 41 8 Tracts 23% Jack Bergman MI-01 R 31 Metro Daniel T. Kildee MI-05 D 27 77% To learn more vist https://eig.org/opportunityzones 77+23+B Contact: [email protected] U.S. Opportunity Zones Over 8,700 35 million 1.6 million 24 million Zones residents businesses* jobs* Data Notes Minority Population reflects the share of the population that does not identify as white, non- Hispanic. Bachelor’s Degree + reflects the share of the population age 25 and older who hold a bachelor’s degree or higher. Adults Not Working reflects the share of the population age 25 to 64 not working (i.e. either unemployed or not in the labor force). Housing Vacancy reflects the share of housing units that are vacant, adjusted for recreational, seasonal, or occasional use vacancies. Rent Burdened reflects the share of renter- occupied households that spend 30%+ of their household income on housing Businesses and jobs data sourced from ESRI, 2017 data. All other data sourced from the American Community Survey, 2015-2019 data. Average Minority Bachelor’s Adults Not Housing Poverty Rate Median Family Rent Burdened Population Degree+ Working Vacancy Income United States* 39% 15% $70,900 31% 27% 8% 51% Average U.S. 56% 29% $44,700 18% 36% 13% 55% Opportunity Zones* *Figure does not include Puerto Rico and the other U.S. territories To learn more vist https://eig.org/opportunityzones | Contact: [email protected].