Census tract 220.25, Shelby County, TN: 2027 Opportunity Zone

Yes. Census tract 220.25 in Shelby County, Tennessee (GEOID 47157022025, QOZ ID N47157022025-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population

3,723

Median family income

$18,981

Poverty rate

57.4%

Unemployment

20.1%

Median home value

$69,500

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 57.4%, income at 22% of the area median). See how a tract qualifies.

Its poverty rate ranks 7 of 15 among the designated tracts in Shelby 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 Shelby County

• Tract 47157000200
• Tract 47157001900
• Tract 47157002500
• Tract 47157002800
• Tract 47157003800
• Tract 47157004500
• Tract 47157004600
• Tract 47157005000
• Tract 47157005800
• Tract 47157005900
• Tract 47157010120
• Tract 47157011401

See all Shelby 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.