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ZIP Code 05037 Income and Tax Statistics
Windsor, VT. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 490
- 820 people on returns
- Average adjusted gross income
- $87,678
- Vermont $81,367
- Average salaries and wages
- $72,378
- Returns with wages
- Average income tax
- $12,184
- Vermont $12,991
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99911022.4%
- $25,000 to $49,9999018.4%
- $50,000 to $74,9999018.4%
- $75,000 to $99,9995010.2%
- $100,000 to $199,99911022.4%
- $200,000 or more408.2%
Income, credits and taxes in 05037
Returns that reported each item, the total amount and the average for those returns
Swipe the table sideways to see more columns.
| Item | Returns | Share of returns | Total | Average |
|---|---|---|---|---|
| Salaries and wages | 360 | 73.5% | $26.06M | $72,378 |
| Business or professional income | 90 | 18.4% | $1.22M | $13,544 |
| Net capital gains | 160 | 32.7% | $1.61M | $10,075 |
| Taxable pensions and annuities | 120 | 24.5% | $3.41M | $28,433 |
| Taxable Social Security benefits | 120 | 24.5% | $2.56M | $21,308 |
| Itemized deductions | 40 | 8.2% | $1.02M | $25,425 |
| Earned income tax credit | 30 | 6.1% | $42K | $1,400 |
| Refundable child tax credit | 0 | 0.0% | $0 | Not shown |
| Income tax after credits | 370 | 75.5% | $4.51M | $12,184 |
| Refunds | 310 | 63.3% | $793K | $2,558 |
Frequently asked questions
- What is the average income in ZIP code 05037?
- For tax year 2022, the average adjusted gross income on the 490 individual tax returns filed in 05037 was $87,678, compared with $81,367 for Vermont.
- How many people in 05037 get the earned income tax credit?
- 30 returns in 05037 (6.1%) claimed the earned income tax credit for tax year 2022.
- Why might these numbers differ from Census income figures?
- IRS figures count tax returns, not households, and use adjusted gross income from the return. People who do not file a return are not included.
Source: Internal Revenue Service, Statistics of Income · Tax year 2022