Tract 25009204701
Census tract 2047.01, Essex County, MA: 2027 Opportunity Zone
Yes. Census tract 2047.01 in Essex County, Massachusetts (GEOID 25009204701, QOZ ID N25009204701-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.
- Population
- 7,007
- Median family income
- $96,888
- Poverty rate
- 13.4%
- Unemployment
- 7.1%
- Median home value
- $572,300
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 13.4%, income at 66% of the area median). See how a tract qualifies.
Was it a 2018 zone?
About 100% of this tract's land lay in a 2018 Opportunity Zone: 25009204701 (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 Essex County
- Tract 25009204300
- Tract 25009206800
- Tract 25009206900
- Tract 25009207200
- Tract 25009217300
- Tract 25009221400
- Tract 25009221500
- Tract 25009250100
- Tract 25009250300
- Tract 25009251600
- Tract 25009260100
- Tract 25009266400
See all Essex 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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