Census tract 59, Kern County, CA: 2027 Opportunity Zone

Yes. Census tract 59 in Kern County, California (GEOID 06029005900, QOZ ID R06029005900-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036. Treasury classifies it as made up entirely of a rural area.

Population

4,492

Median family income

$64,215

Poverty rate

27.0%

Unemployment

18.9%

Median home value

$207,100

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

Why it qualified

Treasury's data shows it qualified on a poverty rate of at least 20% (poverty 27.0%, income at 83% of the area median). See how a tract qualifies.

Was it a 2018 zone?

About 100% of this tract's land lay in a 2018 Opportunity Zone: 06029005900 (100%). Those designations end December 31, 2028. For 2027 and 2028 the two maps run side by side, and which one matters depends on when the investment is made.

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 30% if the investment is in a qualified rural opportunity fund, otherwise 10%. Held at least ten years, the investor can elect to exclude appreciation, measured no later than year 30. Because this is a rural zone, an existing building can meet the substantial improvement test with additions above 50% of its basis instead of 100%. See the OZ 2.0 rules and rural zones.

Other designated tracts in Kern County

• Tract 06029000103
• Tract 06029000300
• Tract 06029000602
• Tract 06029000603
• Tract 06029001302
• Tract 06029001500
• Tract 06029001600
• Tract 06029002001
• Tract 06029002002
• Tract 06029002100
• Tract 06029002201
• Tract 06029002202

See all Kern 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.