Census tract 6.02, Orleans Parish, LA: 2027 Opportunity Zone

Yes. Census tract 6.02 in Orleans Parish, Louisiana (GEOID 22071000602, QOZ ID N22071000602-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population

2,552

Median family income

$54,926

Poverty rate

22.4%

Unemployment

18.9%

Median home value

$141,600

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 22.4%, income at 66% of the area median). See how a tract qualifies.

Its poverty rate ranks 11 of 16 among the designated tracts in Orleans Parish.

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 Orleans Parish

• Tract 22071000400
• Tract 22071000604
• Tract 22071000800
• Tract 22071001100
• Tract 22071001301
• Tract 22071001702
• Tract 22071001720
• Tract 22071001724
• Tract 22071001736
• Tract 22071001751
• Tract 22071004900
• Tract 22071006000

See all Orleans Parish 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.