Census tract 5244, Capitol Planning Region, CT: 2027 Opportunity Zone

Yes. Census tract 5244 in Capitol Planning Region, Connecticut (GEOID 09110524400, QOZ ID N09110524400-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population

3,665

Median family income

$58,958

Poverty rate

27.4%

Unemployment

19.9%

Median home value

$193,500

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 27.4%, income at 48% of the area median). See how a tract qualifies.

Its poverty rate ranks 6 of 16 among the designated tracts in Capitol Planning Region.

Was it a 2018 zone?

About 100% of this tract's land lay in a 2018 Opportunity Zone: 09003524400 (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 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 Capitol Planning Region

• Tract 09110415900
• Tract 09110417100
• Tract 09110480600
• Tract 09110496100
• Tract 09110501800
• Tract 09110502500
• Tract 09110504300
• Tract 09110504900
• Tract 09110510200
• Tract 09110510300
• Tract 09110514104
• Tract 09110514700

See all Capitol Planning Region Opportunity Zones, open the tract map, or check an exact address with the lookup. Tract lines follow the 2020 census (Connecticut: 2022 planning regions). Source: CDFI Fund designated tract list.