Tract 42003160900

Census tract 1609, Allegheny County, PA: 2027 Opportunity Zone

2027 zone (designated)

Yes. Census tract 1609 in Allegheny County, Pennsylvania (GEOID 42003160900, QOZ ID N42003160900-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population
3,603
Median family income
$94,737
Poverty rate
23.6%
Unemployment
0.9%
Median home value
$233,100

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 23.6%, income at 93% of the area median). See how a tract qualifies.

Its poverty rate ranks 17 of 20 among the designated tracts in Allegheny 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 Allegheny County

See all Allegheny 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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