Tract 26163559800

Census tract 5598, Wayne County, MI: 2027 Opportunity Zone

2027 zone (designated)

Yes. Census tract 5598 in Wayne County, Michigan (GEOID 26163559800, QOZ ID N26163559800-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population
3,020
Median family income
–
Poverty rate
60.1%
Unemployment
18.2%
Median home value
–

American Community Survey 2020 to 2024 5-year estimates (U.S. Census Bureau).

Why it qualified

Treasury's data shows it qualified on a poverty rate of at least 20%. See how a tract qualifies.

Its poverty rate ranks 2 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

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.

Tell us about the project. We respond with sizing, likely executions, and indicative terms. No cost, no obligation.