Home » Oregon » MULTNOMAH County » ZIP Code 97030 » Tax Stats

97030 Income Tax Overview

Total Number of Tax Returns for ZIP Code 97030 [1]	16,314
Total Number of Joint Tax Returns for ZIP Code 97030	5,861
Total Number of Dependents for ZIP Code 97030	5,836
Total Adjusted Gross Income for ZIP Code 97030	663,694,586
Average Income per Person for ZIP Code 97030	$18,088

The following tables break down the Income Tax Statistics into different Gross Income levels.

Adjusted Gross Income: Under $10,000 [1]

Number of returns [1]	2,665
Number of joint returns	244
Number of returns with paid preparer's signature	1,042
Number of exemptions	2,985
Number of dependents	442
Adjust gross income (AGI) [2]	$11,491,639
Salaries and wages	$11,724,055
Taxable interest	$613,872
Ordinary dividends	$365,852
Business or professional net income (less loss)	$333,781
Net capital gain (less loss)	($88,913)
Taxable individual retirement arrangements distributions	$484,622
Taxable pensions and annuities	$1,193,785
Unemployment compensation [3]	$358,004
Taxable Social Security benefits	$0
Self-employment retirement plans	$0
Total itemized deductions [4]	$3,600,809
State and local income taxes	$176,500
State and local general sales tax	$0
Real estate taxes	$382,294
Taxes paid	$572,058
Mortgage interest paid	$1,613,761
Contributions	$101,211
Taxable income	$502,682
Total tax credits [5]	$1,165
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$909,049
Excess earned income credit (refundable) [7]	$795,237
Alternative minimum tax	$0
Income tax [8]	$48,469
Total tax liability [9]	$295,082
Tax due at time of filing [10]	$84,839
Overpayments refunded [11]	($1,657,745)

Adjusted Gross Income: $10,000 under $25,000

Number of returns [1]	4,319
Number of joint returns	752
Number of returns with paid preparer's signature	2,085
Number of exemptions	7,945
Number of dependents	1,550
Adjust gross income (AGI) [2]	$75,303,778
Salaries and wages	$59,250,231
Taxable interest	$1,669,857
Ordinary dividends	$886,278
Business or professional net income (less loss)	$3,639,199
Net capital gain (less loss)	($70,382)
Taxable individual retirement arrangements distributions	$1,700,996
Taxable pensions and annuities	$6,798,027
Unemployment compensation [3]	$1,769,750
Taxable Social Security benefits	$280,158
Self-employment retirement plans	$0
Total itemized deductions [4]	$8,073,719
State and local income taxes	$421,002
State and local general sales tax	$0
Real estate taxes	$953,831
Taxes paid	$1,415,923
Mortgage interest paid	$3,128,305
Contributions	$819,467
Taxable income	$21,140,988
Total tax credits [5]	$368,043
Residential energy tax credit	$0
Child tax credit	$141,434
Child and dependent care credit	$37,735
Earned income credit [6]	$3,367,053
Excess earned income credit (refundable) [7]	$3,025,534
Alternative minimum tax	$0
Income tax [8]	$1,938,611
Total tax liability [9]	$2,577,601
Tax due at time of filing [10]	$274,068
Overpayments refunded [11]	($7,286,358)

Adjusted Gross Income: $25,000 under $50,000

Number of returns [1]	4,603
Number of joint returns	1,449
Number of returns with paid preparer's signature	2,228
Number of exemptions	9,768
Number of dependents	1,757
Adjust gross income (AGI) [2]	$165,814,621
Salaries and wages	$137,048,096
Taxable interest	$2,059,055
Ordinary dividends	$1,118,048
Business or professional net income (less loss)	$3,769,398
Net capital gain (less loss)	$260,853
Taxable individual retirement arrangements distributions	$2,818,496
Taxable pensions and annuities	$12,610,035
Unemployment compensation [3]	$2,253,872
Taxable Social Security benefits	$3,668,667
Self-employment retirement plans	$52,957
Total itemized deductions [4]	$22,422,133
State and local income taxes	$2,810,876
State and local general sales tax	$12,832
Real estate taxes	$2,623,498
Taxes paid	$5,506,548
Mortgage interest paid	$10,353,799
Contributions	$1,947,762
Taxable income	$85,529,086
Total tax credits [5]	$1,605,256
Residential energy tax credit	$0
Child tax credit	$1,180,795
Child and dependent care credit	$100,535
Earned income credit [6]	$881,835
Excess earned income credit (refundable) [7]	$726,376
Alternative minimum tax	$0
Income tax [8]	$9,159,158
Total tax liability [9]	$9,973,792
Tax due at time of filing [10]	$797,742
Overpayments refunded [11]	($8,125,248)

Adjusted Gross Income: $50,000 under $75,000

Number of returns [1]	2,421
Number of joint returns	1,485
Number of returns with paid preparer's signature	1,321
Number of exemptions	5,956
Number of dependents	1,024
Adjust gross income (AGI) [2]	$148,271,514
Salaries and wages	$116,291,331
Taxable interest	$2,387,252
Ordinary dividends	$1,300,885
Business or professional net income (less loss)	$3,119,418
Net capital gain (less loss)	$252,610
Taxable individual retirement arrangements distributions	$2,698,578
Taxable pensions and annuities	$13,747,954
Unemployment compensation [3]	$1,290,310
Taxable Social Security benefits	$5,828,911
Self-employment retirement plans	$98,933
Total itemized deductions [4]	$29,395,124
State and local income taxes	$5,361,537
State and local general sales tax	$0
Real estate taxes	$3,259,633
Taxes paid	$8,700,668
Mortgage interest paid	$13,525,652
Contributions	$2,822,019
Taxable income	$89,489,312
Total tax credits [5]	$1,512,611
Residential energy tax credit	$0
Child tax credit	$1,248,070
Child and dependent care credit	$73,111
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$16,519
Income tax [8]	$11,081,183
Total tax liability [9]	$11,756,623
Tax due at time of filing [10]	$949,518
Overpayments refunded [11]	($4,832,482)

Adjusted Gross Income: $75,000 under $100,000

Number of returns [1]	1,273
Number of joint returns	1,008
Number of returns with paid preparer's signature	663
Number of exemptions	3,359
Number of dependents	581
Adjust gross income (AGI) [2]	$109,786,794
Salaries and wages	$88,284,952
Taxable interest	$1,552,587
Ordinary dividends	$693,089
Business or professional net income (less loss)	$1,384,767
Net capital gain (less loss)	$677,969
Taxable individual retirement arrangements distributions	$2,153,440
Taxable pensions and annuities	$9,494,965
Unemployment compensation [3]	$672,043
Taxable Social Security benefits	$3,470,414
Self-employment retirement plans	$0
Total itemized deductions [4]	$23,577,073
State and local income taxes	$5,845,056
State and local general sales tax	$0
Real estate taxes	$2,600,745
Taxes paid	$8,520,048
Mortgage interest paid	$10,195,036
Contributions	$2,443,737
Taxable income	$72,322,561
Total tax credits [5]	$955,278
Residential energy tax credit	$0
Child tax credit	$722,742
Child and dependent care credit	$58,577
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$0
Income tax [8]	$9,651,493
Total tax liability [9]	$10,082,049
Tax due at time of filing [10]	$714,935
Overpayments refunded [11]	($2,878,709)

Adjusted Gross Income: $100,000 under $200,000

Number of returns [1]	938
Number of joint returns	840
Number of returns with paid preparer's signature	552
Number of exemptions	2,579
Number of dependents	440
Adjust gross income (AGI) [2]	$117,393,855
Salaries and wages	$88,531,314
Taxable interest	$2,801,263
Ordinary dividends	$1,301,588
Business or professional net income (less loss)	$3,159,204
Net capital gain (less loss)	$1,496,911
Taxable individual retirement arrangements distributions	$2,553,187
Taxable pensions and annuities	$10,702,907
Unemployment compensation [3]	$367,045
Taxable Social Security benefits	$2,854,978
Self-employment retirement plans	$457,864
Total itemized deductions [4]	$24,357,491
State and local income taxes	$7,645,463
State and local general sales tax	$0
Real estate taxes	$2,576,967
Taxes paid	$10,313,180
Mortgage interest paid	$9,144,589
Contributions	$2,835,869
Taxable income	$83,379,749
Total tax credits [5]	$460,741
Residential energy tax credit	$0
Child tax credit	$349,200
Child and dependent care credit	$44,701
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$108,246
Income tax [8]	$13,862,609
Total tax liability [9]	$14,485,638
Tax due at time of filing [10]	$1,240,469
Overpayments refunded [11]	($2,420,648)

Adjusted Gross Income: $200,000 or more

Number of returns [1]	95
Number of joint returns	83
Number of returns with paid preparer's signature	80
Number of exemptions	258
Number of dependents	42
Adjust gross income (AGI) [2]	$35,632,385
Salaries and wages	$16,351,608
Taxable interest	$907,990
Ordinary dividends	$544,745
Business or professional net income (less loss)	$1,698,310
Net capital gain (less loss)	$6,543,193
Taxable individual retirement arrangements distributions	$452,592
Taxable pensions and annuities	$1,096,345
Unemployment compensation [3]	$0
Taxable Social Security benefits	$417,132
Self-employment retirement plans	$0
Total itemized deductions [4]	$4,660,904
State and local income taxes	$2,173,126
State and local general sales tax	$0
Real estate taxes	$472,310
Taxes paid	$2,841,445
Mortgage interest paid	$1,222,291
Contributions	$459,069
Taxable income	$30,132,555
Total tax credits [5]	$7,527
Residential energy tax credit	$0
Child tax credit	$0
Child and dependent care credit	$0
Earned income credit [6]	$0
Excess earned income credit (refundable) [7]	$0
Alternative minimum tax	$473,522
Income tax [8]	$7,715,438
Total tax liability [9]	$7,927,124
Tax due at time of filing [10]	$1,938,167
Overpayments refunded [11]	($248,594)

[1] Includes returns with adjusted gross deficit.

[2] Less deficit.

[3] Includes the Alaskan permanent fund, reported by residents of Alaska on Forms 1040A and 1040EZ's. This fund only applies to statistics in the U.S. totals, and the state of Alaska.

[4] "Itemized deductions" include any amounts reported by the taxpayer, even if they could not be used in computing "taxable income," the base on which the regular income tax was computed. Thus, total itemized deductions include amounts that did not have to be reported by taxpayers with no "adjusted gross income." (Adjusted gross income is the total from which these deductions would normally be subtracted.) In addition, if standard and itemized deductions were both reported on a tax return, the form of deduction actually used in computing income tax was the one used for the statistics. Therefore, if the standard deduction was the form of deduction used, the total reported for itemized deductions was excluded from the statistics. However, the component deductions were not similarly excluded. As a result, the number of returns and related amounts for the component deductions are slightly overstated in relation to the grand total shown for itemized deductions. These components are also overstated in relation to the total because there was a statutory limitation on the total of itemized deductions that could be claimed by certain high-income taxpayers. This limitation did not affect the component deductions, the sum of which therefore exceeded the total used in computing income tax.

[5] "Total tax credits" excludes the "earned income credit" which is shown separately.

[6] "Earned income credit" includes both the refundable and non-refundable portions. The non-refundable portion could reduce income tax and certain related taxes to zero. The earned income credit amounts in excess of total tax liability, or amounts when there was no tax liability at all, were refundable. See footnote 7 below for explanation of the refundable portion of the earned income credit.

[7] The refundable portion of the "earned income credit" equals "total income tax" minus the "earned income credit". If the result is negative, this amount is considered the refundable portion.

[8] "Income tax" is in general, the same as "income tax after credits" which was redefined in Tax Year 2000 to include the "alternative minimum tax (AMT)". Zip Code table "Income tax" differs from "total income tax" (in other tables) in that the Zip Code table "Income tax" is after the subtraction of all tax credits except the earned income credit. See footnote 6 and 7 above, for an explanation of the treatment of the earned income credit. "Income tax" reflects the amount reported on the tax return and is, therefore, before any examination or enforcement activities by the Internal Revenue Service. It represents the tax filer reported income tax liability that was payable to the U.S. Department of the Treasury.

[9] For the Zip Code tables, "Total tax liability" differs from "Income tax," in that "Total tax liability" includes the taxes from recapture of certain prior-year credits, tax applicable to individual retirement arrangements (IRA's), Social Security taxes on self-employment income and on certain tip income, advanced earned income payments, household employment taxes, and certain "other taxes" listed in the Form 1040 instructions.

[10] Reflects payments to or withholdings made to "Total tax liability" (footnote 9). The amount the tax filer owes when the income tax return is filed.

[11] The amount of overpayments the tax filer requested to have refunded.