Tract 37129011610
Census tract 116.10, New Hanover County, NC: 2027 Opportunity Zone
Yes. Census tract 116.10 in New Hanover County, North Carolina (GEOID 37129011610, QOZ ID N37129011610-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.
- Population
- 4,612
- Median family income
- $70,133
- Poverty rate
- 32.6%
- Unemployment
- 20.2%
- Median home value
- $221,400
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 32.6%, income at 72% of the area median). See how a tract qualifies.
Its poverty rate is the highest of the 3 designated tracts in New Hanover 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 New Hanover County
See all New Hanover 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.