Census tract 107, Lancaster County, SC: 2027 Opportunity Zone

Yes. Census tract 107 in Lancaster County, South Carolina (GEOID 45057010700, QOZ ID R45057010700-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036. Treasury classifies it as made up entirely of a rural area.

Population

3,394

Median family income

$42,266

Poverty rate

27.8%

Unemployment

20.0%

Median home value

$92,400

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 27.8%, income at 41% of the area median). See how a tract qualifies.

Its poverty rate is the highest of the 2 designated tracts in Lancaster County.

Was it a 2018 zone?

About 98% of this tract's land lay in a 2018 Opportunity Zone: 45057010700 (98%). Those designations end December 31, 2028. For 2027 and 2028 the two maps run side by side, and which one matters depends on when the investment is made.

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 30% if the investment is in a qualified rural opportunity fund, otherwise 10%. Held at least ten years, the investor can elect to exclude appreciation, measured no later than year 30. Because this is a rural zone, an existing building can meet the substantial improvement test with additions above 50% of its basis instead of 100%. See the OZ 2.0 rules and rural zones.

Other designated tracts in Lancaster County

• Tract 45057010800

See all Lancaster 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.