Tract 48303001402

Census tract 14.02, Lubbock County, TX: 2027 Opportunity Zone

2027 zone (designated)

Yes. Census tract 14.02 in Lubbock County, Texas (GEOID 48303001402, QOZ ID N48303001402-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population
2,702
Median family income
$73,212
Poverty rate
20.6%
Unemployment
9.7%
Median home value
$169,800

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

Why it qualified

Treasury's data shows it qualified on a poverty rate of at least 20% (poverty 20.6%, income at 88% of the area median). See how a tract qualifies.

Its poverty rate ranks 19 of 24 among the 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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