Census tract 1047, Oklahoma County, OK: 2027 Opportunity Zone

Yes. Census tract 1047 in Oklahoma County, Oklahoma (GEOID 40109104700, QOZ ID N40109104700-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population

1,517

Median family income

$56,250

Poverty rate

56.2%

Unemployment

26.0%

Median home value

$70,600

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 56.2%, income at 62% of the area median). See how a tract qualifies.

Its poverty rate ranks 2 of 23 among the designated tracts in Oklahoma 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 Oklahoma County

• Tract 40109101000
• Tract 40109103200
• Tract 40109104100
• Tract 40109105101
• Tract 40109106611
• Tract 40109107001
• Tract 40109107002
• Tract 40109107212
• Tract 40109107303
• Tract 40109107608
• Tract 40109107801
• Tract 40109107804

See all Oklahoma 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.