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ZIP Code 76372 Income and Tax Statistics

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

Tax returns
370
720 people on returns
Average adjusted gross income
$63,059
Texas $93,613
Average salaries and wages
$50,437
Returns with wages
Average income tax
$9,723
Texas $19,415

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99912032.4%
  • $25,000 to $49,99911029.7%
  • $50,000 to $74,9995013.5%
  • $75,000 to $99,999308.1%
  • $100,000 to $199,9996016.2%
  • $200,000 or more00.0%

Income, credits and taxes in 76372

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 wages27073.0%$13.62M$50,437
Business or professional income10027.0%$1.91M$19,140
Net capital gains5013.5%$903K$18,060
Taxable pensions and annuities5013.5%$1.04M$20,780
Taxable Social Security benefits5013.5%$872K$17,440
Itemized deductions00.0%$0Not shown
Earned income tax credit7018.9%$209K$2,986
Refundable child tax credit6016.2%$123K$2,050
Income tax after credits22059.5%$2.14M$9,723
Refunds25067.6%$742K$2,968

Frequently asked questions

What is the average income in ZIP code 76372?
For tax year 2022, the average adjusted gross income on the 370 individual tax returns filed in 76372 was $63,059, compared with $93,613 for Texas.
How many people in 76372 get the earned income tax credit?
70 returns in 76372 (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