What is the average income in ZIP code 24162?

For tax year 2022, the average adjusted gross income on the 950 individual tax returns filed in 24162 was $67,684, compared with $100,141 for Virginia.

How many people in 24162 get the earned income tax credit?

160 returns in 24162 (16.8%) 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.

Checked Oct 22, 2026

ZIP Code 24162 Income and Tax Statistics

Shawsville, VA. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns: 950; 1,820 people on returns
Average adjusted gross income: $67,684; Virginia $100,141
Average salaries and wages: $60,199; Returns with wages
Average income tax: $9,728; Virginia $18,688

Returns by adjusted gross income

Returns with negative income are not included

$1 to $24,99924025.3%
$25,000 to $49,99928029.5%
$50,000 to $74,99917017.9%
$75,000 to $99,99911011.6%
$100,000 to $199,99912012.6%
$200,000 or more303.2%

Income, credits and taxes in 24162

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	790	83.2%	$47.56M	$60,199
Business or professional income	120	12.6%	$1.13M	$9,442
Net capital gains	130	13.7%	$2.46M	$18,946
Taxable pensions and annuities	200	21.1%	$4.33M	$21,635
Taxable Social Security benefits	170	17.9%	$2.58M	$15,200
Itemized deductions	30	3.2%	$1.48M	$49,200
Earned income tax credit	160	16.8%	$353K	$2,206
Refundable child tax credit	110	11.6%	$211K	$1,918
Income tax after credits	680	71.6%	$6.62M	$9,728
Refunds	720	75.8%	$1.97M	$2,738

Frequently asked questions

What is the average income in ZIP code 24162?: For tax year 2022, the average adjusted gross income on the 950 individual tax returns filed in 24162 was $67,684, compared with $100,141 for Virginia.
How many people in 24162 get the earned income tax credit?: 160 returns in 24162 (16.8%) 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

Data sources

Statistics of Income (ZIP code data and migration data)Internal Revenue Service

IRS counts are rounded to the nearest 10, and items reported on fewer than 20 returns in a ZIP code are left out to protect taxpayer privacy. ZIP codes with fewer than 100 returns are combined by the IRS and are not shown.

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