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ZIP Code 24901 Income and Tax Statistics
Lewisburg, WV. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 4,170
- 7,430 people on returns
- Average adjusted gross income
- $73,862
- West Virginia $66,035
- Average salaries and wages
- $58,556
- Returns with wages
- Average income tax
- $11,848
- West Virginia $9,999
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9991,32031.7%
- $25,000 to $49,9991,01024.2%
- $50,000 to $74,99956013.4%
- $75,000 to $99,9994109.8%
- $100,000 to $199,99959014.1%
- $200,000 or more2806.7%
Income, credits and taxes in 24901
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 | 3,090 | 74.1% | $181M | $58,556 |
| Business or professional income | 730 | 17.5% | $15.24M | $20,870 |
| Net capital gains | 830 | 19.9% | $16.85M | $20,295 |
| Taxable pensions and annuities | 1,200 | 28.8% | $34.45M | $28,706 |
| Taxable Social Security benefits | 1,010 | 24.2% | $17.62M | $17,445 |
| Itemized deductions | 240 | 5.8% | $8.04M | $33,492 |
| Earned income tax credit | 590 | 14.1% | $1.36M | $2,305 |
| Refundable child tax credit | 370 | 8.9% | $695K | $1,878 |
| Income tax after credits | 2,910 | 69.8% | $34.48M | $11,848 |
| Refunds | 2,830 | 67.9% | $8.72M | $3,080 |
Frequently asked questions
- What is the average income in ZIP code 24901?
- For tax year 2022, the average adjusted gross income on the 4,170 individual tax returns filed in 24901 was $73,862, compared with $66,035 for West Virginia.
- How many people in 24901 get the earned income tax credit?
- 590 returns in 24901 (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