Tract 40027201201

Census tract 2012.01, Cleveland County, OK: 2027 Opportunity Zone

2027 zone (designated)

Yes. Census tract 2012.01 in Cleveland County, Oklahoma (GEOID 40027201201, QOZ ID N40027201201-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population
2,764
Median family income
$44,016
Poverty rate
55.6%
Unemployment
10.0%
Median home value
$171,900

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 55.6%, income at 48% of the area median). See how a tract qualifies.

Its poverty rate is the highest of the 3 designated tracts in Cleveland County.

Was it a 2018 zone?

None of this tract's land was in a 2018 Opportunity Zone, so it is new to the program on January 1, 2027.

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 Cleveland County

See all Cleveland 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.

Start here

Financing for the real estate inside the zone.

Tell us about the project. We respond with sizing, likely executions, and indicative terms. No cost, no obligation.