The proportion of people filing taxes who receive the federal Earned Income Tax Credit (EITC).
The tax credit helps low-income individuals and families by reducing the taxes they pay or in some cases providing refunds. When the credit exceeds the amount of taxes owed, qualified filers receive a federal refund. The number of filers receiving the credit is one measure of the number of working poor people in a region, though not everyone who would qualify for the credit claims it. The infusion of cash to eligible households is also believed to help spur economic activity, prompting local efforts to ensure eligible families claim the credit to avoid leaving "cash on the table" that could benefit the whole community.
In 2020, 12% of tax filers in the Mid-Hudson Valley received the Earned Income Tax Credit (EITC), the same as statewide (excluding NYC) and less than 16% nationally. Within the region, the rate was highest in Sullivan County, at 16%, and lowest in Putnam, at 7%. The rates for each county, the state (excluding NYC) and nation have remained relatively unchanged since 2011.
People must claim the credit to receive it; therefore, these numbers do not reflect the number of people eligible for the credit. The IRS and other experts estimate that between 80 and 85 percent of those who are eligible for the credit claim it.
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Region | 14% | 14% | 14% | 14% | 14% | 14% | 13% | 13% | 13% | 12% |
| Columbia | 15% | 15% | 15% | 15% | 15% | 15% | 14% | 13% | 13% | 12% |
| Dutchess | 11% | 11% | 12% | 12% | 12% | 12% | 11% | 11% | 11% | 10% |
| Greene | 16% | 16% | 16% | 17% | 16% | 16% | 15% | 15% | 14% | 12% |
| Orange | 14% | 15% | 15% | 15% | 15% | 15% | 15% | 14% | 14% | 13% |
| Putnam | 7% | 8% | 8% | 8% | 8% | 8% | 8% | 8% | 7% | 7% |
| Sullivan | 20% | 21% | 20% | 21% | 21% | 20% | 20% | 19% | 19% | 16% |
| Ulster | 15% | 15% | 15% | 15% | 15% | 15% | 14% | 14% | 13% | 12% |
| NYS (excluding NYC) | 14% | 14% | 15% | 15% | 15% | 14% | 14% | 13% | 13% | 12% |
| U.S. | 19% | 19% | 20% | 19% | 19% | 18% | 18% | 17% | 17% | 16% |
| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Region | 72,310 | 73,210 | 75,530 | 76,560 | 76,480 | 74,960 | 73,750 | 71,760 | 71,880 | 68,590 |
| Columbia | 4,556 | 4,540 | 4,620 | 4,560 | 4,570 | 4,360 | 4,160 | 4,070 | 4,020 | 3,820 |
| Dutchess | 15,696 | 15,860 | 16,620 | 16,890 | 16,630 | 16,370 | 16,130 | 15,590 | 15,530 | 14,980 |
| Greene | 3,607 | 3,560 | 3,620 | 3,640 | 3,570 | 3,480 | 3,420 | 3,320 | 3,310 | 3,080 |
| Orange | 25,061 | 25,460 | 26,750 | 27,380 | 27,640 | 27,300 | 26,820 | 26,390 | 26,610 | 25,300 |
| Putnam | 3,599 | 3,690 | 3,960 | 3,870 | 3,830 | 3,860 | 3,870 | 3,810 | 3,770 | 3,770 |
| Sullivan | 6,917 | 7,070 | 6,790 | 6,960 | 6,960 | 6,760 | 6,690 | 6,560 | 6,650 | 6,260 |
| Ulster | 12,874 | 13,030 | 13,170 | 13,260 | 13,280 | 12,830 | 12,660 | 12,020 | 11,990 | 11,380 |
| NYS (excluding NYC) | 774,829 | 781,170 | 806,940 | 805,060 | 794,690 | 775,400 | 758,050 | 737,770 | 737,570 | 695,390 |
| U.S. | 27,917,759 | 27,745,410 | 28,452,560 | 28,207,380 | 27,972,330 | 27,295,960 | 26,815,230 | 26,119,780 | 26,558,520 | 25,536,190 |
| INDICATORS | TREND | STATE |
|---|---|
| Median Household Income | Maintaining |
| Median Household Income, by Race/Ethnicity | Not Applicable |
| People Living in Poverty | Increasing |
| People Living in Poverty, by Race/Ethnicity | Not Applicable |
| Seniors Living in Poverty | Maintaining |
| Veterans Living in Poverty | Decreasing |
| Children Receiving Subsidized Child Care | Decreasing |
| Students Eligible for Free/Reduced Price Lunch | Increasing |
| Earned Income Tax Credit Participation | Decreasing |
| Living Wage Rate by Household Type | Not Applicable |
| Income in Relation to Poverty Level | Not Applicable |
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