Tax Data Series: Individual Income Tax
Individual Income Tax
2003 Income Tax Returns By School District
Table Y-2 contains information from 2003 Ohio individual income tax returns categorized by school district as indicated by taxpayers on their returns. State law requires that Ohio income tax returns include a line on which taxpayers indicate their school district of residence. A total of 5,299,169 Ohio individual income tax returns were filed for tax year 2003 (April 15, 2004 filing deadline). Of these, 5,210,784 (98.3 percent) indicated a school district of residence. The statewide average income (federal adjusted gross income) reported on all 2003 tax returns was $50,263 per return, an increase of 3.8 percent from the 2002 returns. The Indian Hill Exempted Village School District in Hamilton County reported the highest average income of all 614 school districts, with $234,387 per return. The lowest average income was reported in New Boston Local School District in Scioto County, with $22,953 per return. Median Ohio adjusted gross income is used by the Department of Education in calculating school aid. Olentangy Local School District in Delaware County reported the highest median income with $64,542 while the lowest median income was reported in New Boston Local School District in Scioto County with $17,167. In addition to showing the number of returns filed by residents of each school district, the average and median income, and the income ranking, Table Y-2 also provides the number of personal exemptions claimed on returns (for taxpayer, spouse, and dependents), the total income and the total income tax liability of district residents.
|






