Census tract 1502.02, Butts County, GA: 2027 Opportunity Zone

Yes. Census tract 1502.02 in Butts County, Georgia (GEOID 13035150202, QOZ ID R13035150202-27) 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

3,278

Median family income

$70,000

Poverty rate

6.6%

Unemployment

1.2%

Median home value

$218,200

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 (poverty 6.6%, income at 65% of the area median). See how a tract qualifies.

Its poverty rate is the lowest of the 2 designated tracts in Butts 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 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 Butts County

• Tract 13035150201

See all Butts 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.