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ZIP Code 78745 Income and Tax Statistics
Austin, TX. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 31,130
- 46,200 people on returns
- Average adjusted gross income
- $85,258
- Texas $93,613
- Average salaries and wages
- $77,396
- Returns with wages
- Average income tax
- $13,872
- Texas $19,415
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9996,29020.2%
- $25,000 to $49,9997,81025.1%
- $50,000 to $74,9995,91019.0%
- $75,000 to $99,9993,53011.3%
- $100,000 to $199,9995,28017.0%
- $200,000 or more2,3107.4%
Income, credits and taxes in 78745
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 | 26,350 | 84.6% | $2.04B | $77,396 |
| Business or professional income | 6,570 | 21.1% | $118M | $17,897 |
| Net capital gains | 6,340 | 20.4% | $156M | $24,632 |
| Taxable pensions and annuities | 3,940 | 12.7% | $114M | $29,056 |
| Taxable Social Security benefits | 2,950 | 9.5% | $49.01M | $16,615 |
| Itemized deductions | 2,660 | 8.5% | $69.35M | $26,073 |
| Earned income tax credit | 3,210 | 10.3% | $6.03M | $1,878 |
| Refundable child tax credit | 1,890 | 6.1% | $3.47M | $1,838 |
| Income tax after credits | 25,820 | 82.9% | $358M | $13,872 |
| Refunds | 20,530 | 65.9% | $50.43M | $2,456 |
Frequently asked questions
- What is the average income in ZIP code 78745?
- For tax year 2022, the average adjusted gross income on the 31,130 individual tax returns filed in 78745 was $85,258, compared with $93,613 for Texas.
- How many people in 78745 get the earned income tax credit?
- 3,210 returns in 78745 (10.3%) 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