The New York State Department of Taxation and Finance earlier this month released a report on the taxes paid by state residents, broken down by county. The figures are from 2010 personal returns processed in 2011, the most recent data available to the Office of Tax Policy Analysis.
Putnam County residents filed 45,193 returns, reporting more than $3.3 billion in adjusted gross income (excluding certain deductions) with $159 million in taxes due. About 6,500 filers reported household income of $5,000 annually or less, while 320 said they had earned $500,000 or more. About 1,400 households earned $250,000 or more annually.
The average adjusted gross income of state returns filed from Putnam County was $73,624 and the average tax paid was $3,520. In Dutchess County, the average AGI was $60,456 and the tax $2,770. Statewide, it was $64,058 with an average tax of $3,342.
Statewide, the average effective tax rate ranged from negative for filers who had under $2,000 in income annually to 7.51 percent for filers with household incomes of $200,000 or more.
The full report is online.