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Franchise Tax Board reports median income increase for county residents

Median income for San Diego County taxpayers rose slightly in 2008 compared to 2007, the California Franchise Tax Board reported Thursday.

The median income for all personal income tax returns in San Diego County was $36,802 in 2008, compared to $36,441 the previous year, according to the Franchise Tax Board. For those filing jointly, the median income was $70,457 in 2008, compared to $69,997 in 2007.

There were 1.27 million state tax returns filed in San Diego County in 2008 for a population of 3.17 million, according to the Franchise Tax Board. That compares to 1.28 million state tax returns filed in San Diego County in 2007 for a population of 3.11 million.

The statewide median income for all personal income tax returns was $35,923 in 2008, up .78 percent over 2007, according to the Franchise Tax Board. The median income listed on joint returns statewide grew to $68,981 in 2008, up .27 percent over the previous year.

California taxpayers filed 15.53 million state income tax returns in 2008 reporting $1.11 trillion in earnings, a 7.2 percent decrease over 2007 figures, according to the Franchise Tax Board.

Contra Costa, Marin, San Mateo and Santa Clara counties in the Bay Area reported the highest median incomes in California.