### Question
How does Income Taxes define qualified census tract?


### Answer
Under *26 U.S.C. § 143*, **qualified census tract** is defined as:

> a census tract in which 70 percent or more of the families have income which is 80 percent or less of the statewide median family income

#### Citation:
  - *26 U.S.C. § 143*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART IV-TAX EXEMPTION REQUIREMENTS FOR STATE AND LOCAL BONDS > Subpart A-Private Activity Bonds**

