Tract 37021001300
Census tract 13, Buncombe County, NC: 2027 Opportunity Zone
Yes. Census tract 13 in Buncombe County, North Carolina (GEOID 37021001300, QOZ ID N37021001300-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.
- Population
- 4,125
- Median family income
- $63,333
- Poverty rate
- 20.8%
- Unemployment
- 11.7%
- Median home value
- $360,100
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 20.8%, income at 70% of the area median). See how a tract qualifies.
Its poverty rate is the lowest of the 4 designated tracts in Buncombe 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 Buncombe County
See all Buncombe 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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