Tract 53033029701
Census tract 297.01, King County, WA: 2027 Opportunity Zone
Yes. Census tract 297.01 in King County, Washington (GEOID 53033029701, QOZ ID N53033029701-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.
- Population
- 4,932
- Median family income
- $97,466
- Poverty rate
- 11.5%
- Unemployment
- 7.7%
- Median home value
- $529,200
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 (poverty 11.5%, income at 70% of the area median). See how a tract qualifies.
Its poverty rate ranks 22 of 25 among the designated tracts in King 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 King County
- Tract 53033001201
- Tract 53033005303
- Tract 53033005305
- Tract 53033005306
- Tract 53033008600
- Tract 53033009000
- Tract 53033011802
- Tract 53033026102
- Tract 53033026200
- Tract 53033026500
- Tract 53033027200
- Tract 53033027600
See all King 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.
Start here
Financing for the real estate inside the zone.
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