Zones › Illinois › Tract 407

Census tract 407, Franklin County, Illinois

GEOID 17055040700 (2020 census: state 17, county 055, tract 040700).

OZ 2.0 eligibleYes (rural: 30% step-up for a rural fund) (IRS Rev. Proc. 2026-14 appendix)
Current Opportunity Zone (2018)No (CDFI Fund list; how we match 2010 to 2020 tracts)
Nominated for OZ 2.0Illinois hasn't published a tract-level nomination list yet.
CountyFranklin County

Tract data

Population3,824
Median household income$46,328
Median home value$68,800
Poverty rate18.9%

Source: U.S. Census Bureau American Community Survey (ACS 2022 5-year) estimates, as loaded with the Rev. Proc. 2026-14 tract list.

See tract 407 on the OZ map →

See the Illinois Opportunity Zone page for the state's nomination status, deadlines and funds, or the OZ 2.0 tracker.

Other tracts in Franklin County

Not tax advice. Confirm a specific address on the OZ map; tract boundaries follow the 2020 census.