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ZIP Code 05091 Income and Tax Statistics
West Woodstock, VT. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,770
- 2,910 people on returns
- Average adjusted gross income
- $146,315
- Vermont $81,367
- Average salaries and wages
- $89,474
- Returns with wages
- Average income tax
- $30,729
- Vermont $12,991
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99947026.6%
- $25,000 to $49,99933018.6%
- $50,000 to $74,99923013.0%
- $75,000 to $99,9991508.5%
- $100,000 to $199,99935019.8%
- $200,000 or more24013.6%
Income, credits and taxes in 05091
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 | 1,240 | 70.1% | $111M | $89,474 |
| Business or professional income | 420 | 23.7% | $10.93M | $26,033 |
| Net capital gains | 680 | 38.4% | $34.19M | $50,274 |
| Taxable pensions and annuities | 430 | 24.3% | $12.13M | $28,202 |
| Taxable Social Security benefits | 510 | 28.8% | $10.62M | $20,822 |
| Itemized deductions | 250 | 14.1% | $16.05M | $64,212 |
| Earned income tax credit | 110 | 6.2% | $138K | $1,255 |
| Refundable child tax credit | 60 | 3.4% | $82K | $1,367 |
| Income tax after credits | 1,360 | 76.8% | $41.79M | $30,729 |
| Refunds | 1,000 | 56.5% | $3.7M | $3,702 |
Frequently asked questions
- What is the average income in ZIP code 05091?
- For tax year 2022, the average adjusted gross income on the 1,770 individual tax returns filed in 05091 was $146,315, compared with $81,367 for Vermont.
- How many people in 05091 get the earned income tax credit?
- 110 returns in 05091 (6.2%) 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