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ZIP Code 24174 Income and Tax Statistics

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

Tax returns
1,010
1,950 people on returns
Average adjusted gross income
$55,433
Virginia $100,141
Average salaries and wages
$51,614
Returns with wages
Average income tax
$5,890
Virginia $18,688

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99929028.7%
  • $25,000 to $49,99930029.7%
  • $50,000 to $74,99917016.8%
  • $75,000 to $99,99911010.9%
  • $100,000 to $199,99914013.9%
  • $200,000 or more00.0%

Income, credits and taxes in 24174

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 wages84083.2%$43.36M$51,614
Business or professional income11010.9%$951K$8,645
Net capital gains1009.9%$1.24M$12,420
Taxable pensions and annuities24023.8%$4.34M$18,096
Taxable Social Security benefits19018.8%$2.34M$12,316
Itemized deductions00.0%$0Not shown
Earned income tax credit17016.8%$428K$2,518
Refundable child tax credit12011.9%$242K$2,017
Income tax after credits72071.3%$4.24M$5,890
Refunds77076.2%$2.04M$2,643

Frequently asked questions

What is the average income in ZIP code 24174?
For tax year 2022, the average adjusted gross income on the 1,010 individual tax returns filed in 24174 was $55,433, compared with $100,141 for Virginia.
How many people in 24174 get the earned income tax credit?
170 returns in 24174 (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