Skip to content

Checked

ZIP Code 75959 Income and Tax Statistics

Milam, TX. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
370
700 people on returns
Average adjusted gross income
$64,814
Texas $93,613
Average salaries and wages
$55,878
Returns with wages
Average income tax
$10,032
Texas $19,415

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99913035.1%
  • $25,000 to $49,9998021.6%
  • $50,000 to $74,9994010.8%
  • $75,000 to $99,9994010.8%
  • $100,000 to $199,9998021.6%
  • $200,000 or more00.0%

Income, credits and taxes in 75959

Returns that reported each item, the total amount and the average for those returns

Swipe the table sideways to see more columns.

ItemReturnsShare of returnsTotalAverage
Salaries and wages23062.2%$12.85M$55,878
Business or professional income7018.9%$696K$9,943
Net capital gains7018.9%$646K$9,229
Taxable pensions and annuities13035.1%$3.69M$28,377
Taxable Social Security benefits12032.4%$1.9M$15,808
Itemized deductions00.0%$0Not shown
Earned income tax credit7018.9%$191K$2,729
Refundable child tax credit4010.8%$80K$2,000
Income tax after credits25067.6%$2.51M$10,032
Refunds27073.0%$764K$2,830

Frequently asked questions

What is the average income in ZIP code 75959?
For tax year 2022, the average adjusted gross income on the 370 individual tax returns filed in 75959 was $64,814, compared with $93,613 for Texas.
How many people in 75959 get the earned income tax credit?
70 returns in 75959 (18.9%) 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