Census tract 35, Hillsborough County, FL: 2027 Opportunity Zone

Yes. Census tract 35 in Hillsborough County, Florida (GEOID 12057003500, QOZ ID N12057003500-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population

2,476

Median family income

$56,250

Poverty rate

29.3%

Unemployment

6.8%

Median home value

$241,700

American Community Survey 2020 to 2024 5-year estimates (U.S. Census Bureau).

Why it qualified

Treasury's data shows it qualified on median family income at or below 70% of the area median and a poverty rate of at least 20% (poverty 29.3%, income at 60% of the area median). See how a tract qualifies.

Its poverty rate ranks 10 of 25 among the designated tracts in Hillsborough County.

Was it a 2018 zone?

About 100% of this tract's land lay in a 2018 Opportunity Zone: 12057003500 (100%). Those designations end December 31, 2028. For 2027 and 2028 the two maps run side by side, and which one matters depends on when the investment is made.

What applies here

A gain invested in a Qualified Opportunity Fund after December 31, 2026 is deferred for up to five years. Held five years, basis rises by 10%. Held at least ten years, the investor can elect to exclude appreciation, measured no later than year 30. See the OZ 2.0 rules.

Other designated tracts in Hillsborough County

• Tract 12057000101
• Tract 12057002500
• Tract 12057002600
• Tract 12057003300
• Tract 12057003700
• Tract 12057004300
• Tract 12057004602
• Tract 12057005000
• Tract 12057010402
• Tract 12057010814
• Tract 12057010816
• Tract 12057010817

See all Hillsborough County Opportunity Zones, open the tract map, or check an exact address with the lookup. Tract lines follow the 2020 census. Source: CDFI Fund designated tract list.