(02 Apr 2015)
Very timely information on income reported on tax returns over the past twenty years has just been released by the Transactional Records Access Clearinghouse (TRAC).
Based on adjusted gross income (AGI), the richest county in the country during filing year 2013 was Teton County, Wyoming where the average AGI reported was $296,778. At the other end of the ranking was Gooding County, Idaho with an average AGI of $15,379. New York County (Manhattan) topped the list of counties ranked by average wages and salaries with $96,941, while Catron County, New Mexico was at the bottom with average wages of only $16,280.
Adams County in Washington State had the greatest average number of exemptions claimed per federal income tax return (2.77) in 2013, followed by Shannon County, South Dakota (2.65). On average, residents of New York County (Manhattan) claimed the fewest exemptions per return (1.55), followed by Washington DC (1.58).
For more information on taxpayer returns for the 2013 filing year, go to the report at:
http://trac.syr.edu/tracirs/latest/383/
For data on counties, including the top 50 and bottom 50 counties in terms of different types of income reported on returns and for the number of dependents go to:
http://trac.syr.edu/phptools/tracirs/taxes/
To keep up with TRAC, follow us on Twitter @tracreports or like us on Facebook:
http://facebook.com/tracreports
TRAC is self-supporting and depends on foundation grants, individual contributions and subscription fees for the funding needed to obtain, analyze and publish the data we collect on the activities of the US Federal government. To help support TRAC's ongoing efforts, go to:
http://trac.syr.edu/sponsor/
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