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ZIP Code 79765 Income and Tax Statistics
Odessa, TX. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 12,010
- 26,160 people on returns
- Average adjusted gross income
- $117,469
- Texas $93,613
- Average salaries and wages
- $96,194
- Returns with wages
- Average income tax
- $20,876
- Texas $19,415
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9992,15017.9%
- $25,000 to $49,9992,00016.7%
- $50,000 to $74,9991,84015.3%
- $75,000 to $99,9991,52012.7%
- $100,000 to $199,9993,35027.9%
- $200,000 or more1,1509.6%
Income, credits and taxes in 79765
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 | 10,800 | 89.9% | $1.04B | $96,194 |
| Business or professional income | 2,700 | 22.5% | $37.93M | $14,050 |
| Net capital gains | 1,540 | 12.8% | $79.2M | $51,430 |
| Taxable pensions and annuities | 1,410 | 11.7% | $36.11M | $25,611 |
| Taxable Social Security benefits | 690 | 5.7% | $14.51M | $21,028 |
| Itemized deductions | 1,180 | 9.8% | $59.11M | $50,097 |
| Earned income tax credit | 1,520 | 12.7% | $4.14M | $2,726 |
| Refundable child tax credit | 1,470 | 12.2% | $2.98M | $2,027 |
| Income tax after credits | 9,470 | 78.9% | $198M | $20,876 |
| Refunds | 8,760 | 72.9% | $43.35M | $4,948 |
Frequently asked questions
- What is the average income in ZIP code 79765?
- For tax year 2022, the average adjusted gross income on the 12,010 individual tax returns filed in 79765 was $117,469, compared with $93,613 for Texas.
- How many people in 79765 get the earned income tax credit?
- 1,520 returns in 79765 (12.7%) 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