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ZIP Code 23958 Income and Tax Statistics
Pamplin City, VA. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,350
- 2,730 people on returns
- Average adjusted gross income
- $53,930
- Virginia $100,141
- Average salaries and wages
- $49,802
- Returns with wages
- Average income tax
- $6,329
- Virginia $18,688
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99943031.9%
- $25,000 to $49,99939028.9%
- $50,000 to $74,99922016.3%
- $75,000 to $99,9991208.9%
- $100,000 to $199,99917012.6%
- $200,000 or more201.5%
Income, credits and taxes in 23958
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 | 1,080 | 80.0% | $53.79M | $49,802 |
| Business or professional income | 180 | 13.3% | $1.8M | $10,017 |
| Net capital gains | 200 | 14.8% | $802K | $4,010 |
| Taxable pensions and annuities | 340 | 25.2% | $7.45M | $21,897 |
| Taxable Social Security benefits | 270 | 20.0% | $3.94M | $14,581 |
| Itemized deductions | 60 | 4.4% | $1.82M | $30,367 |
| Earned income tax credit | 300 | 22.2% | $821K | $2,737 |
| Refundable child tax credit | 220 | 16.3% | $447K | $2,032 |
| Income tax after credits | 870 | 64.4% | $5.51M | $6,329 |
| Refunds | 1,000 | 74.1% | $2.99M | $2,985 |
Frequently asked questions
- What is the average income in ZIP code 23958?
- For tax year 2022, the average adjusted gross income on the 1,350 individual tax returns filed in 23958 was $53,930, compared with $100,141 for Virginia.
- How many people in 23958 get the earned income tax credit?
- 300 returns in 23958 (22.2%) 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