Census tract 634.01, Pierce County, WA: 2027 Opportunity Zone

Yes. Census tract 634.01 in Pierce County, Washington (GEOID 53053063401, QOZ ID N53053063401-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population

5,262

Median family income

$91,865

Poverty rate

7.8%

Unemployment

11.1%

Median home value

$442,400

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 7.8%, income at 66% of the area median). See how a tract qualifies.

Its poverty rate is the lowest of the 9 designated tracts in Pierce 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 Pierce County

• Tract 53053061400
• Tract 53053061601
• Tract 53053061602
• Tract 53053062600
• Tract 53053071504
• Tract 53053073405
• Tract 53053940002
• Tract 53053940007

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.