Tract 27053104400

Census tract 1044, Hennepin County, MN: 2027 Opportunity Zone

2027 zone (designated)

Yes. Census tract 1044 in Hennepin County, Minnesota (GEOID 27053104400, QOZ ID N27053104400-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population
2,595
Median family income
$111,193
Poverty rate
28.4%
Unemployment
17.7%
Median home value
$233,100

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% (poverty 28.4%, income at 88% of the area median). See how a tract qualifies.

Its poverty rate ranks 5 of 18 among the designated tracts in Hennepin 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 Hennepin County

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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