Checked
ZIP Code 05083 Income and Tax Statistics
Fairlee, VT. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 130
- 220 people on returns
- Average adjusted gross income
- $50,623
- Vermont $81,367
- Average salaries and wages
- $48,540
- Returns with wages
- Average income tax
- $5,330
- Vermont $12,991
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9993023.1%
- $25,000 to $49,9994030.8%
- $50,000 to $74,9993023.1%
- $75,000 to $99,9993023.1%
- $100,000 to $199,99900.0%
- $200,000 or more00.0%
Income, credits and taxes in 05083
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 | 100 | 76.9% | $4.85M | $48,540 |
| Business or professional income | 20 | 15.4% | $138K | $6,900 |
| Net capital gains | 0 | 0.0% | $0 | Not shown |
| Taxable pensions and annuities | 0 | 0.0% | $0 | Not shown |
| Taxable Social Security benefits | 30 | 23.1% | $304K | $10,133 |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 0 | 0.0% | $0 | Not shown |
| Refundable child tax credit | 0 | 0.0% | $0 | Not shown |
| Income tax after credits | 100 | 76.9% | $533K | $5,330 |
| Refunds | 90 | 69.2% | $200K | $2,222 |
Frequently asked questions
- What is the average income in ZIP code 05083?
- For tax year 2022, the average adjusted gross income on the 130 individual tax returns filed in 05083 was $50,623, compared with $81,367 for Vermont.
- 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