Ever wonder how your Zip Code or County compares to others? You can now download data for 2012 by either county or zip code. The county data is here and the zip code data is here. The data is available in CSV and Excel format.
|Adjusted gross income (AGI)||$9,014,833,762,000||$229,816,792,000||$32,882,835,000|
|AGI per filer||$62,483||$53,630||$73,659|
|Alternative minimum tax paid (1)||4,207,380||100,400||20,590|
|Earned income tax credit (2)||24,271,200 (16.8%)||949,940 (22.2%)||65,970 (14.8%)|
|Some tax liability||105,014,850 (72.8%)||2,993,570 (70%)||340,410 (76.3%)|
|Tax per return||$8,589||$6,412||$10,156|
|Tax per return paying tax||$11,800||$9,179||$13,319|
All dollar amounts have a dollar sign ($) in front. The rest of the numbers are the number of returns reporting that item.
On average, NC filers earned less than the country, paid less tax (makes sense since they had less income), and a higher percent of North Carolinians claimed the earned income tax credit. On the other hand, Wake taxpayers on average did better than the nation as a whole.
(1) The alternative minimum tax was devised to make sure rich people claiming a lot of deductions still paid some tax. It no longer works that way.
(2) The earned income credit is a credit paid to the working poor, especially those with children.