Skip to content

Checked

ZIP Code 24271 Income and Tax Statistics

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

Tax returns
980
2,030 people on returns
Average adjusted gross income
$53,924
Virginia $100,141
Average salaries and wages
$51,960
Returns with wages
Average income tax
$5,756
Virginia $18,688

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99933033.7%
  • $25,000 to $49,99925025.5%
  • $50,000 to $74,99916016.3%
  • $75,000 to $99,999909.2%
  • $100,000 to $199,99915015.3%
  • $200,000 or more00.0%

Income, credits and taxes in 24271

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 wages80081.6%$41.57M$51,960
Business or professional income11011.2%$1.22M$11,127
Net capital gains909.2%$697K$7,744
Taxable pensions and annuities22022.4%$4.51M$20,482
Taxable Social Security benefits20020.4%$2.52M$12,590
Itemized deductions00.0%$0Not shown
Earned income tax credit19019.4%$495K$2,605
Refundable child tax credit14014.3%$273K$1,950
Income tax after credits64065.3%$3.68M$5,756
Refunds77078.6%$2.38M$3,084

Frequently asked questions

What is the average income in ZIP code 24271?
For tax year 2022, the average adjusted gross income on the 980 individual tax returns filed in 24271 was $53,924, compared with $100,141 for Virginia.
How many people in 24271 get the earned income tax credit?
190 returns in 24271 (19.4%) 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