Opportunity Zones

Within the Federal Tax Cuts and Jobs Act of 2017, a new tax incentive program called Opportunity Zones was created by Congress as a means to encourage economic development and revitalization in targeted areas across the country. This program allows private investors to receive tax benefits in return for investing in qualified areas through established Opportunity Funds. The governor of each state was given the discretion to nominate up to 25 percent of their state’s low income community census tracts to be eligible for investment, a total of 212 possible nominations in Virginia alone. From those eligible, states were given the freedom to nominate specific tracts based on their own additional criteria, including the social needs and potential for investment in each area. On May 24, 2018, all nominations submitted by Virginia Governor Ralph Northam were confirmed by the U.S. Department of the Treasury, including nine located within Fairfax County. These nine tracts include North Hill, Hybla Valley, Mount Vernon Woods, South County Center, Willston Center, Bailey’s North/Glen Forest, Skyline Plaza, Herndon South and Lake Anne. The following Opportunity Zones web mapping application was developed as a way to provide information on these specific communities to the public at large, including potential investors. As a comparison, information on Fairfax County as a whole is also provided, as well as information on undesignated low income communities. Additional information on Opportunity Zones by the Virginia Department of Housing and Community Development and the Internal Revenue Service (IRS) can be accessed here and here.

Web Mapping Application

This web mapping application graphically illustrates the nine identified Opportunity Zones (census tracts) in Fairfax County. Click on each opportunity zone on the map to access a pop up with more information on that census tract, including an interactive infographic with information on the population and businesses located there. You can also access each infographic directly below. The twenty-eight undesignated low income community tracts (census tracts that were eligible to be opportunity zones but were not selected), commercial revitalization areas and districts, and neighboring county opportunity zones are also included in the application. 

Infographics

An interactive infographic was created for each of the nine opportunity zones in Fairfax County. Each infographic contains information on demographics, race and Hispanic origin, housing, at risk populations, education and employment. Click below to access each infographic by location, including an infographic on Fairfax County as a whole.

DATA AND METHODOLOGY

The data contained in the Opportunity Zone web mapping application was created using Esri's Business Analyst Desktop. The data on health insurance coverage, households with at least one person with a disability, households without a vehicle, households below the poverty level and burdened renters comes from the American Community Survey (ACS) 5-year estimates. All other data comes from Esri's Updated Demographics. Details on the methodology behind the American Community Survey are available here. Details on the methodology behind Esri's Updated Demographics are available here. The splash screen in the web mapping application also provides link(s) to source information for the data displayed in the application. As a side by side comparison, the table below contains the data for all of the variables for each of the nine opportunity zones, as well as Fairfax County as a whole. 

For questions about the application or data, please email: OSMDataAnalytics@fairfaxcounty.gov.

Variable Census Tract 4154.01: North Hill Census Tract 4215: Hybla Valley Census Tract 4218: South County Center Census Tract 4216: Mount Vernon Woods Census Tract 4514: Willston Center Census Tract 4515.02: Bailey's North / Glen Forest Census Tract 4528.01: Skyline Plaza Census Tract 4810: Herndon South Census Tract 4821: Lake Anne Fairfax County, VA
2018 Total Population 5,339 7,125 6,315 6,418 3,272 4,726 5,106 5,822 3,343 1,127,497
2018 Median Household Income $54,072 $46,806 $71,713 $54,490 $53,297 $78,226 $86,072 $76,706 $86,540 $115,786
2018 Median Age 33.3 30.2 34.7 32.6 36.2 39.5 37.7 32.8 40.2 38.7
2018 Total (SIC01-99) Businesses 82 161 135 83 106 350 146 57 102 36,615
2018 Total Households 2,104 2,269 2,472 2,083 1,309 1,811 2,446 1,857 1,586 406,692
2018 Median Home Value $548,349 $231,316 $327,708 $238,274 $411,364 $539,391 $316,736 $318,725 $444,528 $532,624
2018 Vacant Housing Units (%) 2.86% 4.94% 3.85% 6.38% 2.60% 19.48% 5.85% 4.38% 3.88% 3.79%
2018 Renter Occupied Housing Units (%) 77.71% 51.30% 55.38% 55.59% 86.33% 67.15% 55.52% 65.64% 35.31% 33.83%
Burdened Renter Households (%) 50.99% 62.05% 35.68% 66.54% 59.14% 56.31% 53.40% 43.82% 47.54% 45.09%
2018 White Population (%) 35.62% 33.19% 33.81% 21.11% 37.59% 50.51% 53.45% 43.23% 66.47% 58.32%
2018 Black/African American Population (%) 35.70% 27.28% 34.96% 40.64% 4.58% 15.15% 21.39% 12.26% 11.88% 9.90%
2018 Asian Population (%) 8.39% 10.16% 10.40% 5.98% 23.96% 13.14% 13.30% 22.86% 10.05% 20.14%
2018 American Indian/Alaska Native Population (%) 0.49% 0.51% 0.55% 0.87% 1.38% 0.49% 0.35% 0.57% 0.30% 0.33%
2018 Pacific Islander Population (%) 0.24% 0.01% 0.11% 0.02% 0.00% 0.23% 0.12% 0.09% 0.00% 0.08%
2018 Other Race Population (%) 14.23% 24.34% 14.16% 25.48% 26.65% 15.74% 7.58% 16.23% 6.34% 6.52%
2018 Population of Two or More Races (%) 5.32% 4.51% 6.00% 5.91% 5.84% 4.74% 3.82% 4.76% 4.97% 4.70%
2018 Hispanic Population (%) 26.92% 47.26% 29.01% 43.02% 55.53% 36.84% 16.67% 37.62% 17.38% 16.65%
Percent Households without a Vehicle (%) 8.08% 16.13% 11.93% 13.97% 30.48% 18.99% 6.46% 5.71% 2.71% 4.33%
Percent Population without Health Insurance (%) 23.96% 35.72% 38.17% 31.38% 45.01% 39.88% 30.20% 20.79% 25.75% 10.26%
2012-2016 ACS Households Below the Poverty Level (%) 8.95% 18.78% 14.37% 20.68% 25.12% 8.71% 12.26% 3.93% 8.52% 5.51%
2012-2016 ACS Households with 1+ Persons with a Disability (%) 12.40% 27.39% 19.43% 20.82% 15.30% 23.79% 10.10% 15.46% 21.36% 15.39%
No High School Diploma (%) 15.96% 34.31% 22.06% 37.38% 33.71% 20.63% 4.42% 17.08% 1.94% 7.35%
High School Diploma (%) 20.47% 23.55% 20.26% 21.97% 23.62% 19.17% 17.02% 15.66% 14.27% 11.85%
Some College (%) 25.75% 20.06% 28.62% 23.65% 12.03% 19.53% 15.03% 19.06% 24.62% 18.15%
Bachelor's/Grad/Prof Degree (%) 37.82% 22.07% 29.07% 16.99% 30.65% 40.67% 63.53% 48.19% 59.17% 62.65%
White Collar (%) 64.27% 45.04% 52.53% 38.49% 48.68% 55.01% 75.35% 62.04% 75.74% 76.41%
Blue Collar (%) 18.03% 32.94% 22.43% 30.59% 24.01% 25.50% 9.70% 14.52% 10.18% 9.86%
Services (%) 17.69% 22.02% 25.04% 30.92% 27.31% 19.49% 14.95% 23.43% 14.07% 13.73%
2018 Unemployment Rate 1.7% 3.1% 6.4% 4.5% 3.7% 3.6% 2.6% 3.4% 4.3% 2.9%
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