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ZIP Code 05735 Income and Tax Statistics

Castleton, VT. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
1,500
2,500 people on returns
Average adjusted gross income
$65,028
Vermont $81,367
Average salaries and wages
$55,038
Returns with wages
Average income tax
$9,232
Vermont $12,991

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99945030.0%
  • $25,000 to $49,99934022.7%
  • $50,000 to $74,99924016.0%
  • $75,000 to $99,99918012.0%
  • $100,000 to $199,99924016.0%
  • $200,000 or more503.3%

Income, credits and taxes in 05735

Returns that reported each item, the total amount and the average for those returns

Swipe the table sideways to see more columns.

ItemReturnsShare of returnsTotalAverage
Salaries and wages1,14076.0%$62.74M$55,038
Business or professional income20013.3%$2.52M$12,610
Net capital gains27018.0%$1.94M$7,185
Taxable pensions and annuities41027.3%$9.32M$22,722
Taxable Social Security benefits35023.3%$6.22M$17,780
Itemized deductions604.0%$1.61M$26,900
Earned income tax credit15010.0%$327K$2,180
Refundable child tax credit906.0%$155K$1,722
Income tax after credits1,07071.3%$9.88M$9,232
Refunds1,07071.3%$2.65M$2,474

Frequently asked questions

What is the average income in ZIP code 05735?
For tax year 2022, the average adjusted gross income on the 1,500 individual tax returns filed in 05735 was $65,028, compared with $81,367 for Vermont.
How many people in 05735 get the earned income tax credit?
150 returns in 05735 (10.0%) 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