Skip to content

Checked

ZIP Code 79718 Income and Tax Statistics

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

Tax returns
290
520 people on returns
Average adjusted gross income
$94,838
Texas $93,613
Average salaries and wages
$49,391
Returns with wages
Average income tax
$28,716
Texas $19,415

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9999031.0%
  • $25,000 to $49,9997024.1%
  • $50,000 to $74,9996020.7%
  • $75,000 to $99,9993010.3%
  • $100,000 to $199,9994013.8%
  • $200,000 or more00.0%

Income, credits and taxes in 79718

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 wages23079.3%$11.36M$49,391
Business or professional income5017.2%$221K$4,420
Net capital gains00.0%$0Not shown
Taxable pensions and annuities5017.2%$992K$19,840
Taxable Social Security benefits4013.8%$514K$12,850
Itemized deductions00.0%$0Not shown
Earned income tax credit5017.2%$145K$2,900
Refundable child tax credit4013.8%$69K$1,725
Income tax after credits19065.5%$5.46M$28,716
Refunds20069.0%$558K$2,790

Frequently asked questions

What is the average income in ZIP code 79718?
For tax year 2022, the average adjusted gross income on the 290 individual tax returns filed in 79718 was $94,838, compared with $93,613 for Texas.
How many people in 79718 get the earned income tax credit?
50 returns in 79718 (17.2%) 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