Tract 26163522400
Census tract 5224, Wayne County, MI: 2027 Opportunity Zone
Yes. Census tract 5224 in Wayne County, Michigan (GEOID 26163522400, QOZ ID N26163522400-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.
- Population
- 950
- Median family income
- $16,912
- Poverty rate
- 47.6%
- Unemployment
- 20.6%
- Median home value
- $348,000
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 47.6%, income at 17% of the area median). See how a tract qualifies.
Its poverty rate ranks 8 of 65 among the designated tracts in Wayne County.
Was it a 2018 zone?
About 100% of this tract's land lay in a 2018 Opportunity Zone: 26163522400 (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 Wayne County
- Tract 26163501000
- Tract 26163501400
- Tract 26163501700
- Tract 26163501900
- Tract 26163505700
- Tract 26163505800
- Tract 26163511200
- Tract 26163511400
- Tract 26163511900
- Tract 26163513700
- Tract 26163513800
- Tract 26163515200
See all Wayne 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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