Tract 53053062600

Census tract 626, Pierce County, WA: 2027 Opportunity Zone

2027 zone (designated)

Yes. Census tract 626 in Pierce County, Washington (GEOID 53053062600, QOZ ID N53053062600-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population
4,127
Median family income
$36,217
Poverty rate
27.6%
Unemployment
6.7%
Median home value
$365,000

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 27.6%, income at 26% of the area median). See how a tract qualifies.

Its poverty rate ranks 3 of 9 among the designated tracts in Pierce County.

Was it a 2018 zone?

About 100% of this tract's land lay in a 2018 Opportunity Zone: 53053062600 (100%). Those designations end December 31, 2028. For 2027 and 2028 the two maps run side by side, and which one matters depends on when the investment is made.

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 Pierce County

See all Pierce 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.