Tract 06029006304

Census tract 63.04, Kern County, CA: 2027 Opportunity Zone

2027 zone (designated)Rural

Yes. Census tract 63.04 in Kern County, California (GEOID 06029006304, QOZ ID R06029006304-27) 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
4,261
Median family income
$50,205
Poverty rate
31.9%
Unemployment
15.5%
Median home value
$202,700

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 31.9%, income at 65% of the area median). See how a tract qualifies.

Its poverty rate ranks 15 of 26 among the designated tracts in Kern County.

Was it a 2018 zone?

About 71% of this tract's land lay in a 2018 Opportunity Zone: 06029006304 (71%). 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

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.

Start here

Financing for the real estate inside the zone.

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