Census tract 5383, Wayne County, MI: 2027 Opportunity Zone

Yes. Census tract 5383 in Wayne County, Michigan (GEOID 26163538300, QOZ ID N26163538300-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population

1,612

Median family income

$57,695

Poverty rate

15.1%

Unemployment

14.5%

Median home value

$453,600

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 (poverty 15.1%, income at 58% of the area median). See how a tract qualifies.

Its poverty rate ranks 63 of 65 among the designated tracts in Wayne 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 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.