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ZIP Code 79312 Income and Tax Statistics
Amherst, TX. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 360
- 740 people on returns
- Average adjusted gross income
- $47,864
- Texas $93,613
- Average salaries and wages
- $44,500
- Returns with wages
- Average income tax
- $4,595
- Texas $19,415
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99912033.3%
- $25,000 to $49,99911030.6%
- $50,000 to $74,9996016.7%
- $75,000 to $99,999308.3%
- $100,000 to $199,9994011.1%
- $200,000 or more00.0%
Income, credits and taxes in 79312
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 | 290 | 80.6% | $12.91M | $44,500 |
| Business or professional income | 60 | 16.7% | $475K | $7,917 |
| Net capital gains | 30 | 8.3% | $474K | $15,800 |
| Taxable pensions and annuities | 40 | 11.1% | $1.11M | $27,650 |
| Taxable Social Security benefits | 50 | 13.9% | $815K | $16,300 |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 100 | 27.8% | $239K | $2,390 |
| Refundable child tax credit | 70 | 19.4% | $130K | $1,857 |
| Income tax after credits | 220 | 61.1% | $1.01M | $4,595 |
| Refunds | 250 | 69.4% | $709K | $2,836 |
Frequently asked questions
- What is the average income in ZIP code 79312?
- For tax year 2022, the average adjusted gross income on the 360 individual tax returns filed in 79312 was $47,864, compared with $93,613 for Texas.
- How many people in 79312 get the earned income tax credit?
- 100 returns in 79312 (27.8%) 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