Tract 27053104100
Census tract 1041, Hennepin County, MN: 2027 Opportunity Zone
Yes. Census tract 1041 in Hennepin County, Minnesota (GEOID 27053104100, QOZ ID N27053104100-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.
- Population
- 3,974
- Median family income
- $63,395
- Poverty rate
- 20.3%
- Unemployment
- 9.9%
- Median home value
- $291,500
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 20.3%, income at 50% of the area median). See how a tract qualifies.
Its poverty rate ranks 12 of 18 among the designated tracts in Hennepin County.
Was it a 2018 zone?
About 100% of this tract's land lay in a 2018 Opportunity Zone: 27053104100 (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 Hennepin County
- Tract 27053005901
- Tract 27053020201
- Tract 27053021502
- Tract 27053023401
- Tract 27053025302
- Tract 27053026104
- Tract 27053026827
- Tract 27053100400
- Tract 27053100500
- Tract 27053100900
- Tract 27053101600
- Tract 27053102800
See all Hennepin 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.
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Financing for the real estate inside the zone.
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