Indianapolis Opportunity Zones

Indianapolis sits within Indiana, which has filed its OZ 2.0 nominations: 126 tracts submitted to Treasury on September 25, 2026, per the IEDC. These are nominations, not certified zones: they await Treasury certification, and certified zones take effect January 1, 2027. Details: Indiana's 126 OZ 2.0 nominations: Marion County has 29, and 42 are rural and the OZ 2.0 nomination tracker. Indiana has 503 census tracts eligible under OZ 2.0.

122 eligible tracts fall in Indianapolis's constituent county (Marion County) per the IRS Rev. Proc. 2026-14 appendix — the same county totals shown on the state page. OZ 2.0's tightened eligibility criteria — median family income at or below 70% of the state/metro reference (down from 80% under OZ 1.0), with the contiguous-tract option eliminated — means fewer Indianapolis neighborhoods qualify than under the 2018 OZ 1.0 map. How states choose OZ 2.0 tracts →

For investors targeting Indianapolis, the OZ 2.0 tax benefits — rolling 5-year deferral, 10% basis step-up (or 30% for Rural QROFs in qualifying rural tracts), and 100% federal-tax-free exclusion of QOF appreciation after a 10-year hold — apply to investments made on or after January 1, 2027. See the full OZ 1.0 vs 2.0 comparison →

What Indianapolis's demographics imply: with a median household income of $60,556 and a 16.6% poverty rate, Indianapolis is likely to keep a meaningful share of Opportunity Zone tracts in higher-poverty census areas, while higher-income neighborhoods that qualified through the contiguous-tract pathway under OZ 1.0 will lose zone status under OZ 2.0.