Census tract 24, Montgomery County, AL: 2027 Opportunity Zone

Yes. Census tract 24 in Montgomery County, Alabama (GEOID 01101002400, QOZ ID N01101002400-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population

1,368

Median family income

$41,250

Poverty rate

44.0%

Unemployment

6.7%

Median home value

$55,600

American Community Survey 2020 to 2024 5-year estimates (U.S. Census Bureau).

Why it qualified

Treasury's data shows it qualified on median family income at or below 70% of the area median and a poverty rate of at least 20% (poverty 44.0%, income at 50% of the area median). See how a tract qualifies.

Its poverty rate ranks 3 of 10 among the designated tracts in Montgomery County.

Was it a 2018 zone?

None of this tract's land was in a 2018 Opportunity Zone, so it is new to the program on January 1, 2027.

What applies here

A gain invested in a Qualified Opportunity Fund after December 31, 2026 is deferred for up to five years. Held five years, basis rises by 10%. Held at least ten years, the investor can elect to exclude appreciation, measured no later than year 30. See the OZ 2.0 rules.

Other designated tracts in Montgomery County

• Tract 01101000100
• Tract 01101000200
• Tract 01101000300
• Tract 01101000600
• Tract 01101001000
• Tract 01101001100
• Tract 01101001500
• Tract 01101005902
• Tract 01101006100

See all Montgomery County Opportunity Zones, open the tract map, or check an exact address with the lookup. Tract lines follow the 2020 census. Source: CDFI Fund designated tract list.