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ZIP Code 05346 Income and Tax Statistics
Putney, VT. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 2,340
- 3,930 people on returns
- Average adjusted gross income
- $74,980
- Vermont $81,367
- Average salaries and wages
- $57,360
- Returns with wages
- Average income tax
- $11,555
- Vermont $12,991
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99966028.2%
- $25,000 to $49,99956023.9%
- $50,000 to $74,99940017.1%
- $75,000 to $99,99924010.3%
- $100,000 to $199,99936015.4%
- $200,000 or more1205.1%
Income, credits and taxes in 05346
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 | 1,720 | 73.5% | $98.66M | $57,360 |
| Business or professional income | 550 | 23.5% | $10.88M | $19,784 |
| Net capital gains | 680 | 29.1% | $9.69M | $14,253 |
| Taxable pensions and annuities | 470 | 20.1% | $11.31M | $24,064 |
| Taxable Social Security benefits | 540 | 23.1% | $9.68M | $17,920 |
| Itemized deductions | 140 | 6.0% | $6.25M | $44,621 |
| Earned income tax credit | 280 | 12.0% | $519K | $1,854 |
| Refundable child tax credit | 160 | 6.8% | $275K | $1,719 |
| Income tax after credits | 1,680 | 71.8% | $19.41M | $11,555 |
| Refunds | 1,510 | 64.5% | $4.52M | $2,994 |
Frequently asked questions
- What is the average income in ZIP code 05346?
- For tax year 2022, the average adjusted gross income on the 2,340 individual tax returns filed in 05346 was $74,980, compared with $81,367 for Vermont.
- How many people in 05346 get the earned income tax credit?
- 280 returns in 05346 (12.0%) 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