Tract 37183050700
Census tract 507, Wake County, NC: 2027 Opportunity Zone
Yes. Census tract 507 in Wake County, North Carolina (GEOID 37183050700, QOZ ID N37183050700-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.
- Population
- 3,348
- Median family income
- $57,636
- Poverty rate
- 23.0%
- Unemployment
- 6.1%
- Median home value
- $456,800
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 23.0%, income at 47% of the area median). See how a tract qualifies.
Its poverty rate ranks 5 of 13 among the designated tracts in Wake 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 Wake County
- Tract 37183050900
- Tract 37183052001
- Tract 37183052816
- Tract 37183053516
- Tract 37183053517
- Tract 37183053519
- Tract 37183054015
- Tract 37183054113
- Tract 37183054306
- Tract 37183054403
- Tract 37183054501
- Tract 37183054502
See all Wake 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.