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ZIP Code 14516 Income and Tax Statistics
North Rose, NY. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,040
- 1,950 people on returns
- Average adjusted gross income
- $65,456
- New York $107,518
- Average salaries and wages
- $57,729
- Returns with wages
- Average income tax
- $8,273
- New York $24,070
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99926025.0%
- $25,000 to $49,99928026.9%
- $50,000 to $74,99918017.3%
- $75,000 to $99,99912011.5%
- $100,000 to $199,99917016.3%
- $200,000 or more302.9%
Income, credits and taxes in 14516
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 | 780 | 75.0% | $45.03M | $57,729 |
| Business or professional income | 130 | 12.5% | $1.4M | $10,792 |
| Net capital gains | 180 | 17.3% | $1.23M | $6,833 |
| Taxable pensions and annuities | 300 | 28.8% | $7.44M | $24,803 |
| Taxable Social Security benefits | 260 | 25.0% | $4.45M | $17,104 |
| Itemized deductions | 30 | 2.9% | $788K | $26,267 |
| Earned income tax credit | 120 | 11.5% | $256K | $2,133 |
| Refundable child tax credit | 100 | 9.6% | $166K | $1,660 |
| Income tax after credits | 750 | 72.1% | $6.21M | $8,273 |
| Refunds | 760 | 73.1% | $1.93M | $2,545 |
Frequently asked questions
- What is the average income in ZIP code 14516?
- For tax year 2022, the average adjusted gross income on the 1,040 individual tax returns filed in 14516 was $65,456, compared with $107,518 for New York.
- How many people in 14516 get the earned income tax credit?
- 120 returns in 14516 (11.5%) 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