Texas Opportunity Zones

Texas Opportunity Zones

Texas Opportunity Zones Demographics for Texas’s Opportunity Zones Major urban areas with largest number of zones Texas Texas Houston Opportunity Zones Minority 58% 67% Population 93 Tracts Poverty 15% 25% Rate Average $73,349 $49,700 MFI* Bachelor’s 30% 15% Degree+ San Antonio Adults Not 23% 30% Working Housing 9% 13% 628 Opportunity Zones Vacancy 20 Tracts Rent 48% 53% 2936k Zone Residents Burdened 1366k Zone Jobs Congressional districts with largest number of zones 110k Zone Businesses Austin Representative District Party Zones Sheila Jackson Lee TX-18 D 48 16 Tracts Non-Metro Louie Gohmert TX-01 R 46 30% Pat Fallon TX-04 R 41 Metro Michael Cloud TX-27 R 36 70% To learn more vist https://eig.org/opportunityzones 70+30+B Contact: [email protected] U.S. Opportunity Zones Over 8,700 35 million 1.6 million 24 million Zones residents businesses* jobs* Data Notes Minority Population reflects the share of the population that does not identify as white, non- Hispanic. Bachelor’s Degree + reflects the share of the population age 25 and older who hold a bachelor’s degree or higher. Adults Not Working reflects the share of the population age 25 to 64 not working (i.e. either unemployed or not in the labor force). Housing Vacancy reflects the share of housing units that are vacant, adjusted for recreational, seasonal, or occasional use vacancies. Rent Burdened reflects the share of renter- occupied households that spend 30%+ of their household income on housing Businesses and jobs data sourced from ESRI, 2017 data. All other data sourced from the American Community Survey, 2015-2019 data. Average Minority Bachelor’s Adults Not Housing Poverty Rate Median Family Rent Burdened Population Degree+ Working Vacancy Income United States* 39% 15% $70,900 31% 27% 8% 51% Average U.S. 56% 29% $44,700 18% 36% 13% 55% Opportunity Zones* *Figure does not include Puerto Rico and the other U.S. territories To learn more vist https://eig.org/opportunityzones | Contact: [email protected].

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