Tract 37071032000

Census tract 320, Gaston County, NC: 2027 Opportunity Zone

2027 zone (designated)

Yes. Census tract 320 in Gaston County, North Carolina (GEOID 37071032000, QOZ ID N37071032000-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population
3,201
Median family income
$69,884
Poverty rate
19.5%
Unemployment
3.5%
Median home value
$166,000

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 19.5%, income at 68% of the area median). See how a tract qualifies.

Its poverty rate is the lowest of the 3 designated tracts in Gaston County.

Was it a 2018 zone?

About 100% of this tract's land lay in a 2018 Opportunity Zone: 37071032000 (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 Gaston County

See all Gaston 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.

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