Tract 37183052001
Census tract 520.01, Wake County, NC: 2027 Opportunity Zone
Yes. Census tract 520.01 in Wake County, North Carolina (GEOID 37183052001, QOZ ID N37183052001-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.
- Population
- 4,030
- Median family income
- $32,440
- Poverty rate
- 26.3%
- Unemployment
- 22.5%
- Median home value
- $438,300
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 26.3%, income at 26% of the area median). See how a tract qualifies.
Its poverty rate ranks 3 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 37183050700
- Tract 37183050900
- 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.
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Financing for the real estate inside the zone.
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