New Zip Code Data from the IRS

The IRS recently released ZIP Code data showing selected income and tax items classified by State, ZIP Code, and size of adjusted gross income. These data are based on individual income tax returns filed with the IRS and are available for Tax Years 1998, 2001, 2004 through 2012.

 

The map on the IRS page allows you to select a set of state ZIP Codes and peruse their data. 

 

 

The data include items such as:

• Number of returns, which approximates the number of households
• Number of personal exemptions, which approximates the population
• Adjusted gross income 
• Wages and salaries
• Dividends before exclusion
• Interest received  

So pick a year below and take a look at your local ZIP code !

ZIP Code Data

2011  2012

ZIP Code Data 1998–2010

1998  2001  2004  2005  2006  2007  2008  2009  2010

Part 2 of 2011 IRS Data by Zip Code: Salary and Wages, Itemized Deductions, Taxes Due, and Refunds

Salary and wages, itemized deductions, taxes due, and refunds by zip code by county.

Selected Herkimer County 2011 IRS Returns Data

Click to Enlarge

Selected Oneida County 2011 IRS Returns Data

Click to Enlarge

2011 IRS Returns By Herkimer and Oneida County Zip Codes

Previously I had posted countywide IRS data from the 2011 returns that were recently released. The data is also available by zip codes, Below are two tables with some of the basics from the IRS release. These tables over things like the number of returns, the type of returns and the number of dependents claimed.

A second post will follow with additional zip code level return data such as salary and wages, itemization, and refunds.

Selected Herkimer County 2011 IRS Returns Data

Click to Enlarge

 

Selected Oneida County 2011 IRS Returns Data

Click to Enlarge

Ten for '11: Oneida County's Top 10 Zip Codes For Selected 2011 Income Tax Data

Last week I posted about 2011 County level IRS data. This week I offer the following ten Top 10 Zip Codes tables for various components of that tax data for Oneida County. These include tables on the top zip codes for adjusted gross income, average wages and salary, married couple joint returns, paid tax preparation, itemized deductions, income taxes owed, and refunds. Click on the set of tables below to enlarge them all.

Click to Enlarge

More IRS Tax Data: County Level Information on AGI, Size of Refunds, and Itemization of Deductions

An earlier post provided information about the number of tax returns filed in 2011 for both counties, as well some insight into joint returns, paid preparer returns and the number of dependents and exemptions. Here is some additional information that covers items such as adjusted gross income (AGI), the size of refunds, average amount of taxes owed, itemization, and the number of returns from farms.

Click to Enlarge

Look for a future post showing many of these pieces by zip code.

2011 IRS Federal Tax Return Data Summaries for Herkimer and Oneida Counties

The Missouri State Census Data Center has recently released a tool for extracting IRS data from the 2011 IRS Returns. The returns data are aggregated summaries of U.S. federal tax returns (form 1040 et.al) for specific tax years and geographic areas. In this case, they are the 2011 returns and have been disaggregated into State, County and Zip Code geographies. Regional data has been downloaded for further analysis, but I wanted to offer the following sort of first cut look at some of the basics when it comes to those that filed taxes from either Herkimer or Oneida Counties.

Below is a table providing insight into the number of returns, whether they were filed jointly, were filed with a paid preparer, and the number of exemptions and dependents declared by filers. Each of these is broken out by 7 basic adjusted gross income (AGI) categories - those with no income, those between a $1 and $24,999, those from $25,000 to $49,999, those from $50,000 to $74,999, those from $75,000 to $99,999, those from $100,000 to $199,999, and those at $200,000 and above.

Click to Enlarge

As I get other data disaggregated I will post more in the coming days !

Ratio of Individual Income Taxes Collected to Corporate Income Taxes Collected: 1934 to 2012

The Tax Policy Center has an interesting table showing, among other things, the tax revenue collected nationally from individuals and from corporations for every year since 1934. The table below is a portion of that original table (which is based on data from the Office of Management and Budget) with the added feature showing the ratio of dollars collected from individual income taxes and from corporate income taxes. Please note: the data for individual income tax revenue and corporate income tax revenue is in millions of dollars!