Census tract 3206.01, Hanover County, VA: 2027 Opportunity Zone

Yes. Census tract 3206.01 in Hanover County, Virginia (GEOID 51085320601, QOZ ID N51085320601-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population

5,189

Median family income

$112,250

Poverty rate

24.9%

Unemployment

4.0%

Median home value

$351,500

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 24.9%, income at 101% 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 Hanover 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.