Oklahoma City Opportunity Zones

Oklahoma City sits within Oklahoma, which has not filed OZ 2.0 nominations with Treasury yet. The state's governor and economic development office lead the selection. Oklahoma has 414 census tracts eligible under OZ 2.0 — it can nominate up to 104 to Treasury.

117 eligible tracts fall in Oklahoma City's constituent county (Oklahoma County) per the IRS Rev. Proc. 2026-14 appendix — the same county totals shown on the state page. OZ 2.0's tightened eligibility criteria — median family income at or below 70% of the state/metro reference (down from 80% under OZ 1.0), with the contiguous-tract option eliminated — means fewer Oklahoma City neighborhoods qualify than under the 2018 OZ 1.0 map. How states choose OZ 2.0 tracts →

For investors targeting Oklahoma City, the OZ 2.0 tax benefits — rolling 5-year deferral, 10% basis step-up (or 30% for Rural QROFs in qualifying rural tracts), and 100% federal-tax-free exclusion of QOF appreciation after a 10-year hold — apply to investments made on or after January 1, 2027. See the full OZ 1.0 vs 2.0 comparison →

What Oklahoma City's demographics imply: with a median household income of $64,894 and a 14.6% poverty rate, Oklahoma City is likely to keep a meaningful share of Opportunity Zone tracts in higher-poverty census areas, while higher-income neighborhoods that qualified through the contiguous-tract pathway under OZ 1.0 will lose zone status under OZ 2.0.