IRS Income Data for Austin, TX 78705
View threads near Austin, TX 78705 or Start a new Austin TX 78705 thread
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 37% | 26% | 19% | 6% | 3% | 5% | 3% |
| Number of returns | 1,979 | 1,395 | 1,032 | 347 | 172 | 251 | 170 |
| Number of joint returns | 29 | 45 | 95 | 96 | 73 | 149 | 127 |
| Number of returns from paid preparer | 275 | 249 | 227 | 116 | 76 | 142 | 128 |
| Total number of exemptions | 1,277 | 1,355 | 1,204 | 522 | 301 | 540 | 431 |
| Total number of dependents | 26 | 40 | 64 | 44 | 35 | 83 | 69 |
| Adjusted gross income | $3,967 | $17,157 | $34,805 | $60,346 | $87,145 | $139,305 | $559,457 |
| Salaries and wages | $4,446 | $15,533 | $31,203 | $46,861 | $62,527 | $98,502 | $192,893 |
| Taxable interest | $123 | $203 | $409 | $1,782 | $2,343 | $2,664 | $27,662 |
| Ordinary dividends | $115 | $206 | $618 | $1,990 | $3,414 | $5,866 | $39,054 |
| Business or professional net income | $93 | $828 | $1,407 | $3,534 | $4,796 | $12,939 | $40,126 |
| Net capital gain | $12 | $102 | $263 | $111 | $1,188 | $4,716 | $54,296 |
| Taxable individual retirement account distributions | $28 | $122 | $145 | $708 | $1,189 | $1,924 | $2,407 |
| Taxable pensions and annuities | $32 | $182 | $700 | $3,129 | $5,260 | $6,876 | $7,092 |
| Unemployment compensation | $0 | $40 | $99 | $0 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $13 | $208 | $1,782 | $2,490 | $1,791 | $2,905 |
| Self-employment retirement plans | $0 | $0 | $77 | $0 | $0 | $330 | $3,096 |
| Total itemized deductions | $619 | $539 | $1,853 | $6,097 | $11,229 | $20,108 | $97,632 |
| State and local income taxes | $247 | $170 | $194 | $125 | $306 | $595 | $3,308 |
| State and local general sales tax | $3 | $11 | $74 | $294 | $433 | $1,091 | $2,672 |
| Real estate taxes | $84 | $65 | $412 | $1,526 | $2,412 | $4,973 | $10,521 |
| Taxes paid | $335 | $259 | $696 | $2,023 | $3,478 | $6,761 | $16,631 |
| Mortgage interest paid | $144 | $72 | $509 | $1,716 | $4,324 | $7,692 | $12,914 |
| Contributions | $2 | $23 | $99 | $863 | $1,647 | $3,405 | $35,597 |
| Taxable income | $365 | $8,393 | $23,895 | $44,472 | $65,556 | $109,476 | $453,752 |
| Total tax credits | $2 | $178 | $335 | $315 | $408 | $501 | $1,669 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $0 | $38 | $149 | $186 | $157 | $0 |
| Child and dependent care credit | $0 | $0 | $6 | $23 | $0 | $34 | $49 |
| Earned income credit | $46 | $75 | $23 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $37 | $51 | $16 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $49 | $0 | $0 | $3,387 |
| Income tax | $33 | $756 | $2,822 | $6,780 | $10,680 | $20,781 | $110,907 |
| Total tax liability | $85 | $895 | $3,069 | $7,420 | $11,725 | $22,486 | $115,325 |
| Tax due at time of filing | $24 | $106 | $258 | $669 | $1,253 | $2,202 | $17,462 |
| Overpayments refunded | $-466 | $-941 | $-1,282 | $-1,634 | $-2,547 | $-3,391 | $-5,709 |
| Total Tax Liability / AGI | 2% | 5% | 9% | 12% | 13% | 16% | 21% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.