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ZIP Code 77486 Income and Tax Statistics
West Columbia, TX. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 3,610
- 7,500 people on returns
- Average adjusted gross income
- $78,664
- Texas $93,613
- Average salaries and wages
- $73,538
- Returns with wages
- Average income tax
- $11,345
- Texas $19,415
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99993025.8%
- $25,000 to $49,99973020.2%
- $50,000 to $74,99951014.1%
- $75,000 to $99,99936010.0%
- $100,000 to $199,99987024.1%
- $200,000 or more2105.8%
Income, credits and taxes in 77486
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 | 2,930 | 81.2% | $215M | $73,538 |
| Business or professional income | 710 | 19.7% | $1.68M | $2,365 |
| Net capital gains | 510 | 14.1% | $7.86M | $15,402 |
| Taxable pensions and annuities | 880 | 24.4% | $24.58M | $27,934 |
| Taxable Social Security benefits | 640 | 17.7% | $11.33M | $17,700 |
| Itemized deductions | 280 | 7.8% | $9.92M | $35,425 |
| Earned income tax credit | 600 | 16.6% | $1.63M | $2,713 |
| Refundable child tax credit | 490 | 13.6% | $932K | $1,902 |
| Income tax after credits | 2,580 | 71.5% | $29.27M | $11,345 |
| Refunds | 2,750 | 76.2% | $10.64M | $3,869 |
Frequently asked questions
- What is the average income in ZIP code 77486?
- For tax year 2022, the average adjusted gross income on the 3,610 individual tax returns filed in 77486 was $78,664, compared with $93,613 for Texas.
- How many people in 77486 get the earned income tax credit?
- 600 returns in 77486 (16.6%) 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