Census tract 7217.03, Galveston County, TX: 2027 Opportunity Zone

Yes. Census tract 7217.03 in Galveston County, Texas (GEOID 48167721703, QOZ ID N48167721703-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population

3,541

Median family income

$59,593

Poverty rate

14.4%

Unemployment

4.3%

Median home value

$215,400

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 (poverty 14.4%, income at 60% of the area median). See how a tract qualifies.

Its poverty rate is the lowest of the 17 designated tracts in Galveston 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 Galveston County

• Tract 48167721402
• Tract 48167721600
• Tract 48167722800
• Tract 48167723000
• Tract 48167723100
• Tract 48167724000
• Tract 48167724200
• Tract 48167724300
• Tract 48167724500
• Tract 48167724600
• Tract 48167724700
• Tract 48167724800

See all Galveston 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.