Updated IRS Income Data

The data below is provided by the IRS.  The data is based upon the number or returns filed (single filers and joint filers, thus it may not be an accurate measure of actual household income as married filing individually will show as two separate filings).  Previously I had provided a comparison of 2001 to 2005 data.  The data provided below continues the basis for measuring income over time.  The data illustrates a significant drop in income.  With a drop of 11.6% in reported income in Dennis between 2005 and 2006.  In the same year Brewster reported income dropped 15.2%, Harwich by 13.8% and Yarmouth’s by 9.6%.  Dennis and Yarmouth started from lower income levels, thus the lower percentage drops than in Harwich and Brewster.

Another, disturbing picture is the dichotomy in income reported with over 15% of those reporting income having income of less than $10,000.  These households, 1,484 in Dennis, are earning below the area’s poverty level.

Zip code City or town Number of returns, 2005 Average income, 2005 Number of returns, 2006 Average income, 2006 % Below $10,000 income
02638 Dennis 1,868 $62,916 1,843 $53,097

17.0%

02639 Dennis (Dennis Port) 1,740 $35,866 1,736 $29,712

18.0%

02641 Dennis (East Dennis) 908 $73,036 1,013 $63,206

14.6%%

02660 Dennis (South Dennis) 3,128 $47,245 2,948 $43,956

18.2%

02670 Dennis (West Dennis) 892 $55,074 946 $48,894

18.3%

Dennis Total 8,536 $51,916 8,486
$45,876

17.5%

02631 Brewster 4,989 $59,090 4,995
$50,134

17.3%

02645 Harwich 4,878 $49,276 4,671 $43,479

16.7%

02646 Harwich (Harwich Port) 1,104 $73,486 1,139 $54,903

15.4%

02661 Harwich (South Harwich) 215 $52,735 271 $45,052

12.9%

02671 Harwich (West Harwich) 629 $55,647 621 $53,795

16.6%

Harwich Total 6,826 $53,888 6,702
$46,440

16.3%

02664 Yarmouth (South Yarmouth) 5,166 $46,354 5,235 $41,690

15.7%

02673 Yarmouth (West Yarmouth) 4,399 $41,506 4,332 $36,958

17.0%

02675 Yarmouth (Yarmouth Port) 3,492 $67,181 3,554 $61,430 15.4%
Yarmouth Total 13,057 $50,291 13,121
$45,475

16.0%

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s