Webster Pacific wanted to know which were the Opportunity Zones where the value of a property investment would most likely increase. Interest in Opportunity Zones is indisputably high, but tangible information about these tracts is only beginning to emerge. One area investigated by Webster Pacific was the Opportunity Zones where the value of a property investment would most likely increase. It found, not surprisingly, that incomes and wealth correlate strongly with real estate value. It then asked the following question: "Of all 8,700 Opportunity Zones, where are incomes and wealth already growing the most?" To answer this, it calculated the growth in the percentage of households earning $200,000 or more in each of the 8,700 Opportunity Zones. It then found the fifty Opportunity Zones with the highest wealth growth and mapped them by metropolitan area.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
