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ZIP Code 24079 Income and Tax Statistics
Shawsville, VA. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 780
- 1,470 people on returns
- Average adjusted gross income
- $64,014
- Virginia $100,141
- Average salaries and wages
- $55,355
- Returns with wages
- Average income tax
- $7,698
- Virginia $18,688
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99922028.2%
- $25,000 to $49,99922028.2%
- $50,000 to $74,99912015.4%
- $75,000 to $99,9999011.5%
- $100,000 to $199,99911014.1%
- $200,000 or more202.6%
Income, credits and taxes in 24079
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 | 600 | 76.9% | $33.21M | $55,355 |
| Business or professional income | 110 | 14.1% | $784K | $7,127 |
| Net capital gains | 150 | 19.2% | $972K | $6,480 |
| Taxable pensions and annuities | 230 | 29.5% | $5.32M | $23,126 |
| Taxable Social Security benefits | 200 | 25.6% | $2.93M | $14,625 |
| Itemized deductions | 30 | 3.8% | $1.06M | $35,200 |
| Earned income tax credit | 110 | 14.1% | $248K | $2,255 |
| Refundable child tax credit | 80 | 10.3% | $133K | $1,663 |
| Income tax after credits | 540 | 69.2% | $4.16M | $7,698 |
| Refunds | 560 | 71.8% | $1.45M | $2,584 |
Frequently asked questions
- What is the average income in ZIP code 24079?
- For tax year 2022, the average adjusted gross income on the 780 individual tax returns filed in 24079 was $64,014, compared with $100,141 for Virginia.
- How many people in 24079 get the earned income tax credit?
- 110 returns in 24079 (14.1%) 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