Census tract 102, Kent County, MI: 2027 Opportunity Zone

Yes. Census tract 102 in Kent County, Michigan (GEOID 26081010200, QOZ ID R26081010200-27) 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

4,433

Median family income

$66,060

Poverty rate

18.4%

Unemployment

6.1%

Median home value

$225,100

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 18.4%, income at 65% of the area median). See how a tract qualifies.

Its poverty rate ranks 13 of 16 among the designated tracts in Kent 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 Kent County

• Tract 26081000800
• Tract 26081001300
• Tract 26081001500
• Tract 26081002000
• Tract 26081002100
• Tract 26081002600
• Tract 26081002800
• Tract 26081003000
• Tract 26081003200
• Tract 26081003500
• Tract 26081003600
• Tract 26081003900

See all Kent 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.