Salt Lake City, Utah Opportunity Zones

 
Number Of Census Tracts
59
Number Of QOZs
8
Percent Of Census Tracts
13.56%
Number Of LICS
8

Salt Lake City lies in the state of Utah which automatically conforms to the federal tax code as it is amended. Both the city and state have adopted the new Qualified Opportunity Zone provisions.

Out of the 59 census tracts that exist within, or partially within the city of Salt Lake City 8 have been designated eligible for Qualified Opportunity Fund investment. This represents approximately 13.56% of the census tracts in the city. Of the zones that are eligible, 8 qualify as a low-income community. This means the poverty rate was above 20%, or that the median household income was below 80% of the state or metropolitan area’s median household income.

The remaining zones qualified as contiguous, meaning they were located adjacent to an eligible tract, and the median household income did not exceed 125% of that eligible tract. Salt Lake City lies in the state of Utah which automatically conforms to the federal tax code as it is amended. Both the city and state have adopted the new Qualified Opportunity Zone provisions. Utah has 46 opportunity zones, which means Salt Lake City contains 17.39% of the Qualified Opportunity Zones that exist within the state.

Compare Opportunity Zone Investments Side by Side

Simple & Easy to Understand

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