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ZIP Code 76043 Income and Tax Statistics
Glen Rose, TX. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 3,380
- 7,090 people on returns
- Average adjusted gross income
- $89,938
- Texas $93,613
- Average salaries and wages
- $70,650
- Returns with wages
- Average income tax
- $14,754
- Texas $19,415
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99992027.2%
- $25,000 to $49,99973021.6%
- $50,000 to $74,99944013.0%
- $75,000 to $99,9993209.5%
- $100,000 to $199,99969020.4%
- $200,000 or more2808.3%
Income, credits and taxes in 76043
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 | 2,620 | 77.5% | $185M | $70,650 |
| Business or professional income | 790 | 23.4% | $10.79M | $13,656 |
| Net capital gains | 670 | 19.8% | $16.25M | $24,254 |
| Taxable pensions and annuities | 830 | 24.6% | $27.37M | $32,981 |
| Taxable Social Security benefits | 690 | 20.4% | $12.19M | $17,662 |
| Itemized deductions | 240 | 7.1% | $13.25M | $55,188 |
| Earned income tax credit | 470 | 13.9% | $1.23M | $2,615 |
| Refundable child tax credit | 390 | 11.5% | $809K | $2,074 |
| Income tax after credits | 2,430 | 71.9% | $35.85M | $14,754 |
| Refunds | 2,270 | 67.2% | $7.55M | $3,325 |
Frequently asked questions
- What is the average income in ZIP code 76043?
- For tax year 2022, the average adjusted gross income on the 3,380 individual tax returns filed in 76043 was $89,938, compared with $93,613 for Texas.
- How many people in 76043 get the earned income tax credit?
- 470 returns in 76043 (13.9%) 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