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ZIP Code 24486 Income and Tax Statistics

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

Tax returns
1,810
3,680 people on returns
Average adjusted gross income
$71,930
Virginia $100,141
Average salaries and wages
$59,744
Returns with wages
Average income tax
$8,874
Virginia $18,688

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99942023.2%
  • $25,000 to $49,99944024.3%
  • $50,000 to $74,99930016.6%
  • $75,000 to $99,99924013.3%
  • $100,000 to $199,99935019.3%
  • $200,000 or more603.3%

Income, credits and taxes in 24486

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 wages1,52084.0%$90.81M$59,744
Business or professional income31017.1%$3.88M$12,526
Net capital gains35019.3%$4.06M$11,589
Taxable pensions and annuities35019.3%$9.18M$26,231
Taxable Social Security benefits34018.8%$5.67M$16,682
Itemized deductions1106.1%$4.45M$40,482
Earned income tax credit23012.7%$506K$2,200
Refundable child tax credit20011.0%$423K$2,115
Income tax after credits1,34074.0%$11.89M$8,874
Refunds1,28070.7%$3.4M$2,655

Frequently asked questions

What is the average income in ZIP code 24486?
For tax year 2022, the average adjusted gross income on the 1,810 individual tax returns filed in 24486 was $71,930, compared with $100,141 for Virginia.
How many people in 24486 get the earned income tax credit?
230 returns in 24486 (12.7%) 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