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ZIP Code 27401 Income and Tax Statistics

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

Tax returns
7,460
12,450 people on returns
Average adjusted gross income
$59,090
North Carolina $84,888
Average salaries and wages
$43,257
Returns with wages
Average income tax
$12,229
North Carolina $15,343

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9993,17042.5%
  • $25,000 to $49,9992,34031.4%
  • $50,000 to $74,99988011.8%
  • $75,000 to $99,9993805.1%
  • $100,000 to $199,9994405.9%
  • $200,000 or more2503.4%

Income, credits and taxes in 27401

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 wages6,45086.5%$279M$43,257
Business or professional income1,51020.2%$16.12M$10,678
Net capital gains7409.9%$32.33M$43,686
Taxable pensions and annuities93012.5%$17.24M$18,532
Taxable Social Security benefits6909.2%$10.73M$15,548
Itemized deductions3404.6%$14.26M$41,941
Earned income tax credit2,35031.5%$6.32M$2,691
Refundable child tax credit1,57021.0%$2.76M$1,759
Income tax after credits4,33058.0%$52.95M$12,229
Refunds5,76077.2%$18.35M$3,186

Frequently asked questions

What is the average income in ZIP code 27401?
For tax year 2022, the average adjusted gross income on the 7,460 individual tax returns filed in 27401 was $59,090, compared with $84,888 for North Carolina.
How many people in 27401 get the earned income tax credit?
2,350 returns in 27401 (31.5%) 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