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ZIP Code 75119 Income and Tax Statistics
Alma, TX. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 13,500
- 27,650 people on returns
- Average adjusted gross income
- $62,515
- Texas $93,613
- Average salaries and wages
- $55,898
- Returns with wages
- Average income tax
- $8,870
- Texas $19,415
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9994,01029.7%
- $25,000 to $49,9993,82028.3%
- $50,000 to $74,9992,28016.9%
- $75,000 to $99,9991,2609.3%
- $100,000 to $199,9991,71012.7%
- $200,000 or more4203.1%
Income, credits and taxes in 75119
Returns that reported each item, the total amount and the average for those returns
Swipe the table sideways to see more columns.
| Item | Returns | Share of returns | Total | Average |
|---|---|---|---|---|
| Salaries and wages | 11,530 | 85.4% | $645M | $55,898 |
| Business or professional income | 2,950 | 21.9% | $26.44M | $8,964 |
| Net capital gains | 1,350 | 10.0% | $30.33M | $22,463 |
| Taxable pensions and annuities | 2,070 | 15.3% | $52.06M | $25,151 |
| Taxable Social Security benefits | 1,530 | 11.3% | $24.18M | $15,804 |
| Itemized deductions | 680 | 5.0% | $23.28M | $34,238 |
| Earned income tax credit | 2,870 | 21.3% | $8.38M | $2,919 |
| Refundable child tax credit | 2,590 | 19.2% | $5.36M | $2,071 |
| Income tax after credits | 8,790 | 65.1% | $77.97M | $8,870 |
| Refunds | 10,460 | 77.5% | $36.56M | $3,495 |
Frequently asked questions
- What is the average income in ZIP code 75119?
- For tax year 2022, the average adjusted gross income on the 13,500 individual tax returns filed in 75119 was $62,515, compared with $93,613 for Texas.
- How many people in 75119 get the earned income tax credit?
- 2,870 returns in 75119 (21.3%) claimed the earned income tax credit for tax year 2022.
- Why might these numbers differ from Census income figures?
- IRS figures count tax returns, not households, and use adjusted gross income from the return. People who do not file a return are not included.
Source: Internal Revenue Service, Statistics of Income · Tax year 2022