Census tract 7007.32, Montgomery County, MD: 2027 Opportunity Zone

Yes. Census tract 7007.32 in Montgomery County, Maryland (GEOID 24031700732, QOZ ID N24031700732-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population

3,263

Median family income

$105,292

Poverty rate

14.7%

Unemployment

2.3%

Median home value

$386,900

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 14.7%, income at 68% of the area median). See how a tract qualifies.

Its poverty rate ranks 5 of 10 among the designated tracts in Montgomery 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 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 Montgomery County

• Tract 24031700309
• Tract 24031700706
• Tract 24031700713
• Tract 24031700904
• Tract 24031701219
• Tract 24031701509
• Tract 24031701702
• Tract 24031703209
• Tract 24031703800

See all Montgomery 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.