Tract 48303000603

Census tract 6.03, Lubbock County, TX: 2027 Opportunity Zone

2027 zone (designated)

Yes. Census tract 6.03 in Lubbock County, Texas (GEOID 48303000603, QOZ ID N48303000603-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population
3,368
Median family income
$51,168
Poverty rate
62.6%
Unemployment
2.0%
Median home value
–

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 62.6%, income at 62% of the area median). See how a tract qualifies.

Its poverty rate is the highest of the 24 designated tracts in Lubbock 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 Lubbock County

See all Lubbock 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.

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Financing for the real estate inside the zone.

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