Tract 42069101200
Census tract 1012, Lackawanna County, PA: 2027 Opportunity Zone
Yes. Census tract 1012 in Lackawanna County, Pennsylvania (GEOID 42069101200, QOZ ID N42069101200-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.
- Population
- 2,912
- Median family income
- $63,144
- Poverty rate
- 26.7%
- Unemployment
- 0.6%
- Median home value
- $127,500
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 26.7%, income at 74% of the area median). See how a tract qualifies.
Its poverty rate ranks 5 of 9 among the designated tracts in Lackawanna 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 Lackawanna County
- Tract 42069100600
- Tract 42069100800
- Tract 42069101600
- Tract 42069101800
- Tract 42069102300
- Tract 42069102500
- Tract 42069110800
- Tract 42069110900
See all Lackawanna 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.
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