IRS Income Data for Hidalgo, TX 78557
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 24% | 46% | 20% | 7% | 2% | 1% | 0% |
| Number of returns | 1,424 | 2,686 | 1,185 | 385 | 135 | 71 | 17 |
| Number of joint returns | 177 | 736 | 626 | 259 | 108 | 59 | 14 |
| Number of returns from paid preparer | 1,126 | 2,218 | 925 | 327 | 108 | 61 | 17 |
| Total number of exemptions | 2,063 | 7,362 | 3,802 | 1,415 | 507 | 261 | 58 |
| Total number of dependents | 536 | 2,136 | 949 | 323 | 109 | 56 | 12 |
| Adjusted gross income | $5,123 | $16,204 | $34,926 | $60,001 | $83,795 | $124,578 | $432,649 |
| Salaries and wages | $4,184 | $12,974 | $33,252 | $54,861 | $78,422 | $95,032 | $220,632 |
| Taxable interest | $47 | $27 | $78 | $349 | $192 | $1,049 | $0 |
| Ordinary dividends | $20 | $0 | $3 | $99 | $0 | $229 | $0 |
| Business or professional net income | $809 | $2,883 | $99 | $374 | $1,273 | $10,974 | $0 |
| Net capital gain | $-4 | $5 | $-3 | $9 | $0 | $2,420 | $0 |
| Taxable individual retirement account distributions | $0 | $0 | $163 | $0 | $0 | $0 | $0 |
| Taxable pensions and annuities | $48 | $134 | $693 | $1,664 | $0 | $4,433 | $0 |
| Unemployment compensation | $62 | $267 | $672 | $604 | $362 | $0 | $0 |
| Taxable Social Security benefits | $0 | $0 | $55 | $642 | $0 | $0 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $0 | $321 | $3,745 | $12,120 | $15,731 | $14,484 | $23,445 |
| State and local income taxes | $0 | $0 | $25 | $97 | $336 | $0 | $0 |
| State and local general sales tax | $0 | $12 | $107 | $395 | $739 | $1,133 | $0 |
| Real estate taxes | $0 | $28 | $274 | $774 | $1,401 | $1,716 | $6,748 |
| Taxes paid | $0 | $49 | $479 | $1,538 | $2,542 | $3,048 | $8,699 |
| Mortgage interest paid | $0 | $85 | $720 | $2,025 | $3,293 | $3,476 | $0 |
| Contributions | $0 | $20 | $150 | $579 | $839 | $1,084 | $0 |
| Taxable income | $147 | $2,012 | $12,917 | $30,176 | $51,433 | $93,165 | $397,171 |
| Total tax credits | $0 | $82 | $702 | $1,558 | $2,449 | $6,594 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $60 | $540 | $1,249 | $1,342 | $820 | $0 |
| Child and dependent care credit | $0 | $3 | $38 | $41 | $113 | $0 | $0 |
| Earned income credit | $966 | $2,853 | $777 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $736 | $2,384 | $670 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $27 | $0 | $474 | $0 |
| Income tax | $15 | $131 | $810 | $2,422 | $5,263 | $12,964 | $97,834 |
| Total tax liability | $295 | $621 | $990 | $2,692 | $5,494 | $14,163 | $102,237 |
| Tax due at time of filing | $37 | $28 | $89 | $312 | $436 | $3,755 | $28,493 |
| Overpayments refunded | $-1,127 | $-3,943 | $-3,691 | $-4,267 | $-5,318 | $-3,904 | $0 |
| Total Tax Liability / AGI | 6% | 4% | 3% | 4% | 7% | 11% | 24% |
All numbers in the table are 2010 averages for that income class and zip code.
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