; (II) a poverty rate that is at least 30 percent; or (III) a median family income that is not more than 60 percent of the greater of the statewide median family income or the metropolitan statistical area median family income. (x) Rural area The term rural area means an area that— (I) is outside of the outer boundary of any city or town having a population of 20,000 or more (based on the most recent decennial census of the United States); and (II) is— (aa) outside of a metropolitan statistical area; (bb) within an outlying county of a metropolitan statistical area; or (cc) within any census tract that is greater than 100 square miles in area and has a population density of fewer than 100 people per square mile. (xi) Targeted employment area The term targeted employment area means— (I) a priority urban investment area; (II) a rural area; (III) any area within the geographic boundaries of any military installation that was closed, during the 25-year period immediately preceding the filing of an application under subparagraph (F) based upon a recommendation by the Defense Base Closure and Realignment Commission; or (IV) an area consisting of a census tract or contiguous census tracts, each of which, using the most recent census data available— (aa) is not located within a metropolitan statistical area