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ZIP Code 75974 Income and Tax Statistics
Tenaha, TX. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,200
- 2,620 people on returns
- Average adjusted gross income
- $53,653
- Texas $93,613
- Average salaries and wages
- $49,346
- Returns with wages
- Average income tax
- $7,330
- Texas $19,415
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99939032.5%
- $25,000 to $49,99937030.8%
- $50,000 to $74,99921017.5%
- $75,000 to $99,999806.7%
- $100,000 to $199,99913010.8%
- $200,000 or more201.7%
Income, credits and taxes in 75974
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 | 1,040 | 86.7% | $51.32M | $49,346 |
| Business or professional income | 260 | 21.7% | $1.25M | $4,800 |
| Net capital gains | 100 | 8.3% | $916K | $9,160 |
| Taxable pensions and annuities | 190 | 15.8% | $4.09M | $21,500 |
| Taxable Social Security benefits | 140 | 11.7% | $2.11M | $15,086 |
| Itemized deductions | 30 | 2.5% | $1.35M | $45,000 |
| Earned income tax credit | 320 | 26.7% | $935K | $2,922 |
| Refundable child tax credit | 280 | 23.3% | $580K | $2,071 |
| Income tax after credits | 700 | 58.3% | $5.13M | $7,330 |
| Refunds | 940 | 78.3% | $3.43M | $3,651 |
Frequently asked questions
- What is the average income in ZIP code 75974?
- For tax year 2022, the average adjusted gross income on the 1,200 individual tax returns filed in 75974 was $53,653, compared with $93,613 for Texas.
- How many people in 75974 get the earned income tax credit?
- 320 returns in 75974 (26.7%) 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