Tract 51700032128
Census tract 321.28, Newport News city, VA: 2027 Opportunity Zone
Yes. Census tract 321.28 in Newport News city, Virginia (GEOID 51700032128, QOZ ID N51700032128-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.
- Population
- 3,935
- Median family income
- $62,375
- Poverty rate
- 20.2%
- Unemployment
- 4.5%
- Median home value
- $205,600
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 20.2%, income at 61% of the area median). See how a tract qualifies.
Its poverty rate ranks 4 of 5 among the designated tracts in Newport News city.
Was it a 2018 zone?
About 100% of this tract's land lay in a 2018 Opportunity Zone: 51700032128 (100%). 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 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 Newport News city
See all Newport News city 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.
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Financing for the real estate inside the zone.
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