Checked
ZIP Code 26410 Income and Tax Statistics
Newburg, WV. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 400
- 790 people on returns
- Average adjusted gross income
- $49,790
- West Virginia $66,035
- Average salaries and wages
- $51,027
- Returns with wages
- Average income tax
- $5,435
- West Virginia $9,999
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99914035.0%
- $25,000 to $49,99910025.0%
- $50,000 to $74,9997017.5%
- $75,000 to $99,9995012.5%
- $100,000 to $199,9994010.0%
- $200,000 or more00.0%
Income, credits and taxes in 26410
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 | 330 | 82.5% | $16.84M | $51,027 |
| Business or professional income | 40 | 10.0% | $214K | $5,350 |
| Net capital gains | 0 | 0.0% | $0 | Not shown |
| Taxable pensions and annuities | 90 | 22.5% | $1.57M | $17,478 |
| Taxable Social Security benefits | 60 | 15.0% | $622K | $10,367 |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 70 | 17.5% | $154K | $2,200 |
| Refundable child tax credit | 50 | 12.5% | $86K | $1,720 |
| Income tax after credits | 260 | 65.0% | $1.41M | $5,435 |
| Refunds | 320 | 80.0% | $876K | $2,738 |
Frequently asked questions
- What is the average income in ZIP code 26410?
- For tax year 2022, the average adjusted gross income on the 400 individual tax returns filed in 26410 was $49,790, compared with $66,035 for West Virginia.
- How many people in 26410 get the earned income tax credit?
- 70 returns in 26410 (17.5%) 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