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ZIP Code 27320 Income and Tax Statistics

Reidsville, NC. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
16,910
31,870 people on returns
Average adjusted gross income
$56,984
North Carolina $84,888
Average salaries and wages
$50,444
Returns with wages
Average income tax
$7,138
North Carolina $15,343

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9995,26031.1%
  • $25,000 to $49,9994,87028.8%
  • $50,000 to $74,9992,59015.3%
  • $75,000 to $99,9991,6509.8%
  • $100,000 to $199,9992,15012.7%
  • $200,000 or more3902.3%

Income, credits and taxes in 27320

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 wages13,75081.3%$694M$50,444
Business or professional income2,59015.3%$24.07M$9,294
Net capital gains2,08012.3%$24.37M$11,714
Taxable pensions and annuities3,93023.2%$87.22M$22,193
Taxable Social Security benefits3,22019.0%$51.86M$16,107
Itemized deductions6303.7%$20.2M$32,065
Earned income tax credit3,57021.1%$9.2M$2,576
Refundable child tax credit2,59015.3%$4.68M$1,808
Income tax after credits11,47067.8%$81.88M$7,138
Refunds12,56074.3%$35.16M$2,800

Frequently asked questions

What is the average income in ZIP code 27320?
For tax year 2022, the average adjusted gross income on the 16,910 individual tax returns filed in 27320 was $56,984, compared with $84,888 for North Carolina.
How many people in 27320 get the earned income tax credit?
3,570 returns in 27320 (21.1%) 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