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ZIP Code 16602 Income and Tax Statistics

Altoona, PA. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
13,540
23,250 people on returns
Average adjusted gross income
$55,450
Pennsylvania $88,330
Average salaries and wages
$47,410
Returns with wages
Average income tax
$7,565
Pennsylvania $16,093

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9994,71034.8%
  • $25,000 to $49,9993,80028.1%
  • $50,000 to $74,9991,98014.6%
  • $75,000 to $99,9991,1908.8%
  • $100,000 to $199,9991,57011.6%
  • $200,000 or more2902.1%

Income, credits and taxes in 16602

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 wages10,88080.4%$516M$47,410
Business or professional income1,2409.2%$16.78M$13,529
Net capital gains1,80013.3%$13.47M$7,483
Taxable pensions and annuities3,43025.3%$74.21M$21,635
Taxable Social Security benefits2,66019.6%$39.34M$14,789
Itemized deductions2601.9%$16.53M$63,581
Earned income tax credit2,43017.9%$5.79M$2,382
Refundable child tax credit1,55011.4%$2.71M$1,746
Income tax after credits9,04066.8%$68.39M$7,565
Refunds10,71079.1%$27.41M$2,559

Frequently asked questions

What is the average income in ZIP code 16602?
For tax year 2022, the average adjusted gross income on the 13,540 individual tax returns filed in 16602 was $55,450, compared with $88,330 for Pennsylvania.
How many people in 16602 get the earned income tax credit?
2,430 returns in 16602 (17.9%) 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