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ZIP Code 79359 Income and Tax Statistics
Seagraves, TX. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,340
- 3,000 people on returns
- Average adjusted gross income
- $53,795
- Texas $93,613
- Average salaries and wages
- $50,406
- Returns with wages
- Average income tax
- $9,364
- Texas $19,415
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99956041.8%
- $25,000 to $49,99933024.6%
- $50,000 to $74,99916011.9%
- $75,000 to $99,9991007.5%
- $100,000 to $199,99915011.2%
- $200,000 or more403.0%
Income, credits and taxes in 79359
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 | 970 | 72.4% | $48.89M | $50,406 |
| Business or professional income | 440 | 32.8% | $1.27M | $2,889 |
| Net capital gains | 70 | 5.2% | $1.18M | $16,871 |
| Taxable pensions and annuities | 160 | 11.9% | $4M | $25,019 |
| Taxable Social Security benefits | 120 | 9.0% | $1.96M | $16,333 |
| Itemized deductions | 70 | 5.2% | $2.37M | $33,871 |
| Earned income tax credit | 350 | 26.1% | $1.01M | $2,900 |
| Refundable child tax credit | 290 | 21.6% | $567K | $1,955 |
| Income tax after credits | 690 | 51.5% | $6.46M | $9,364 |
| Refunds | 880 | 65.7% | $2.95M | $3,357 |
Frequently asked questions
- What is the average income in ZIP code 79359?
- For tax year 2022, the average adjusted gross income on the 1,340 individual tax returns filed in 79359 was $53,795, compared with $93,613 for Texas.
- How many people in 79359 get the earned income tax credit?
- 350 returns in 79359 (26.1%) 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