I put together two different types of Google maps to help visualize the location of $6.5 BILLION in mortgage interest and real estate tax FEDERAL income tax deductions.
The first HERE is a point map showing the 10 zip codes with the highest reported mortgage interest and real estate tax payments. ( 8 out of the top 10 zip codes were in the Portland metro area).
There were a total of 353 Oregon zip codes with reported mortgage interest and real estate tax values in the IRS data.
Combined these 10 zip codes represented
- 12% of all filers, but 21% of all reported mortgage interest and real estate tax payments
- $1.2 billion out of a statewide total of $6.5 billion in reported mortgage interest and real estate tax payments
Tip: In the map view of the second map you can also use filters to zero in on specific criteria, so if you want to see only zips with less than $10 M in real estate and mortgage interest deductions enter those values and only those zips will show up on the map. By default I applied a filter that excludes zips with no RE taxes or mortgage interest deductions in the zip code data that I downloaded from IRS. (IRS 2014 zip code SOI data can be found HERE).
Originally created and posted on the Oregon Housing Blog