Census tract 701, Carter County, TN: 2027 Opportunity Zone

Yes. Census tract 701 in Carter County, Tennessee (GEOID 47019070100, QOZ ID N47019070100-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population

2,155

Median family income

$64,653

Poverty rate

30.4%

Unemployment

1.2%

Median home value

$167,700

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 30.4%, income at 85% of the area median). See how a tract qualifies.

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.

See all Carter 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.