Franchise Tax Board: State Reports on Median Income for 2007

Four Bay Area Counties Have Led California for 36 Years
SACRAMENTO, Calif.--(Business Wire)--
The statewide median income for all personal income tax returns rose to $35,646
(0.72 percent over 2006), while the median income listed on joint returns rose
to $68,797 (2.97 percent over 2006) according to statistics released today by
the Franchise Tax Board (FTB).

Four Bay Area counties again top California`s 2007 median income report. Contra
Costa, Marin, San Mateo, and Santa Clara counties have consistently reported the
highest median incomes.

"Median income" is the point where one-half of the tax returns are above and
one-half are below the midpoint of the range of values. Median income represents
the income reported by a typical California individual or couple.

California taxpayers filed 15.76 million 2007 state income tax returns reporting
$1.2 trillion in adjusted gross income, a 1.4 percent increase over 2006
figures. Adjusted gross income is a figure taken from tax returns that reports
total income after specific tax deductions are subtracted.

Marin County still has the highest median income for joint returns at $123,463,
an increase of 5.9 percent over 2006. San Mateo County ranked second with
$100,413, Santa Clara County ranked third with $99,526, Contra Costa County
ranked fourth with $91,043, and El Dorado County ranked fifth with $81,487.

Los Angeles County taxpayers filed 25.5 percent of all 2007 income tax returns
in California. They reported median incomes of $31,187 for all returns, and
$59,389 for joint returns, ranking 38th and 30th, respectively. The largest
percentage gain in median income for all counties was 4.7 percent, reported in
San Francisco County. The largest increase in joint filings was also in San
Francisco County with an 8.1 percent increase.

Editor`s note: For specific county information, see the attached chart. For
1999-2006 data, please go to www.ftb.ca.gov for previous news releases.

Personal Income Tax Statistics
COMPARISON BY COUNTY
2007 Taxable Year

All Returns-Taxable and Nontaxable Joint Returns Tax Assessed (Thousands)
COUNTY Population July 1, 2007 Number of AGI Median Number of Median
Returns (Thousands) Income Rank Returns Income Rank
Alameda 1,528,679 663,446 $51,083,819 $43,220 8 254,101 $87,448 5 $2,326,688
Alpine 1,255 322 18,331 41,249 9 149 70,384 16 630
Amador 38,172 15,821 855,992 38,080 15 7,850 62,720 26 27,314
Butte 218,874 82,760 3,951,717 29,710 44 35,101 55,058 38 129,341
Calaveras 45,903 18,793 1,019,416 38,038 16 9,831 61,378 27 32,593
Colusa 21,776 8,849 387,930 27,953 54 4,190 43,835 57 11,693
Contra Costa 1,042,488 436,286 39,924,821 46,375 4 183,649 91,043 4 1,891,388
Del Norte 29,301 8,428 373,272 30,137 42 3,866 54,394 42 10,297
El Dorado 178,354 70,081 5,313,256 45,523 5 36,205 81,487 6 208,379
Fresno 921,361 321,202 16,281,834 28,180 51 125,828 54,609 41 584,744
Glenn 29,004 10,553 443,814 28,839 47 5,079 46,488 52 12,857
Humbolt 132,184 49,800 2,184,618 29,312 45 19,784 54,907 39 69,066
Imperial 173,790 58,190 2,232,607 23,851 58 26,315 38,322 58 53,300
Inyo 18,183 8,320 417,058 33,690 28 3,575 64,150 24 13,522
Kern 808,700 264,154 13,303,071 30,438 41 113,181 56,722 37 440,926
Kings 152,920 42,317 1,805,532 28,963 46 18,487 49,304 48 49,681
Lake 63,744 22,591 973,158 29,855 43 10,065 49,755 47 25,856
Lassen 36,260 10,087 598,595 39,117 13 5,193 65,419 23 22,376
Los Angeles 10,273,083 4,020,431 272,550,136 31,187 38 1,331,491 59,389 30 12,746,553
Madera 149,316 47,962 2,096,887 27,968 53 22,508 47,615 49 60,011
Marin 255,774 119,402 19,831,768 53,673 1 47,315 123,463 1 1,383,319
Mariposa 18,299 6,907 308,631 31,357 37 3,246 53,272 44 8,568
Mendocino 89,612 35,653 1,622,163 28,786 48 14,763 51,028 45 52,291
Merced 252,255 82,915 3,339,869 27,420 56 36,436 46,025 53 85,380
Modoc 9,659 3,069 118,770 28,083 52 1,545 44,018 56 3,666
Mono 13,759 5,096 269,108 32,591 31 2,003 62,800 25 9,329
Monterey 424,787 155,606 9,301,841 31,840 35 60,734 57,766 32 369,639
Napa 135,328 59,720 4,862,715 40,296 11 25,782 73,303 14 242,819
Nevada 99,141 42,196 2,614,371 37,504 18 19,707 66,495 21 100,505
Orange 3,094,872 1,301,859 102,681,757 38,152 14 521,728 77,178 9 4,979,146
Placer 330,167 158,604 11,411,560 44,604 6 75,773 81,439 7 461,031
Plumas 20,906 8,162 399,861 34,986 27 4,018 57,022 35 12,024
Riverside 2,062,150 791,282 41,620,899 32,241 32 334,851 59,601 29 1,251,339
Sacramento 1,412,242 572,597 31,733,084 36,623 21 218,800 68,394 20 1,075,049
San Benito 57,347 21,638 1,301,974 36,813 19 9,788 69,648 19 45,181
San Bernardino 2,038,345 727,468 35,273,889 31,380 36 290,547 58,609 31 973,320
San Diego 3,114,843 1,284,642 87,843,382 36,441 22 505,383 69,997 17 3,805,388
San Francisco 829,848 403,015 45,318,520 43,757 7 110,534 77,332 8 2,888,129
San Joaquin 679,107 245,911 12,807,013 33,572 29 105,310 60,613 28 394,307
San Luis Obispo 267,162 112,149 6,959,455 36,684 20 47,999 69,656 18 282,707
San Mateo 732,643 326,907 44,856,060 49,230 2 130,530 100,413 2 2,911,646
Santa Barbara 425,203 166,914 13,393,054 35,511 24 66,687 65,768 22 686,931
Santa Clara 1,815,199 789,217 84,635,889 48,131 3 327,799 99,526 3 4,816,485
Santa Cruz 264,674 114,521 8,018,078 35,302 25 43,418 73,900 13 367,300
Shasta 181,165 71,482 3,407,773 32,075 34 33,989 54,816 40 106,095
Sierra 3,397 1,242 64,166 35,181 26 615 57,733 33 2,206
Siskiyou 45,640 17,700 746,060 28,783 49 8,434 47,472 50 21,344
Solano 423,974 167,916 9,755,405 40,910 10 69,788 75,768 11 300,433
Sonoma 480,712 212,689 14,108,438 39,344 12 85,149 74,290 12 589,566
Stanislaus 521,316 188,646 9,399,671 32,200 33 82,612 56,754 36 287,105
Sutter 94,851 35,427 1,694,823 31,136 39 16,805 53,343 43 50,498
Tehama 61,893 19,315 775,698 28,368 50 9,142 45,835 54 19,282
Trinity 13,931 4,669 183,131 27,882 55 2,190 45,125 55 4,844
Tulare 430,167 142,654 5,873,932 25,960 57 59,258 46,568 51 165,898
Tuolumne 56,583 22,823 1,151,764 33,026 30 10,595 57,222 34 36,920
Ventura 824,041 345,970 25,571,313 37,996 17 146,079 76,981 10 1,136,263
Yolo 197,125 76,663 4,781,389 36,316 23 31,615 72,420 15 187,911
Yuba 71,124 24,461 1,036,048 30,566 40 11,365 50,333 46 23,469
Resident Out-of-State - 187,141 15,215,330 28,296 59,290 54,130 888,246
Nonresident - 536,017 118,226,509 64,404 280,234 119,560 1,987,683
Unallocated - 4,386 1,015,313 38,111 1,596 100,196 27,843
TOTAL
58 Counties 37,712,588 15,027,500 $1,064,889,186 - - 5,788,780 - - $48,854,548
All - 15,755,044 $1,199,346,338 $35,646 6,129,900 $68,797 $51,758,320

Franchise Tax Board
Public Affairs Office, 916-845-4800
Brenda Voet, cell 916-416-6931
Rick Macias, cell 916-247-9159

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