Walton County Enterprize Zones
An Enterprise Zone is a specific geographic area targeted for economic revitalization. Enterprise Zones encourage economic growth and investment in distressed areas by offering tax advantages and incentives to businesses locating within the zone boundaries. Although all Enterprise Zones have the same basic goals of economic revitalization and community redevelopment, they offer their own local incentives and they maintain their own agendas for the communities.
Rural Enterprise Zones are given different tax credits than Urban Enterprise Zones through various incentives. A county and its municipalities may be designated Rural Enterprise Zones if the county has a population of 75,000 or less.
Walton County has three Rural Enterprise Zones:
City of DeFuniak Springs (EZ 6601)
City of Freeport (EZ 6602)
Walton County (EZ 6603)
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