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ZIP Code 29075 Income and Tax Statistics
Little Mountain, SC. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,610
- 3,150 people on returns
- Average adjusted gross income
- $75,402
- South Carolina $78,283
- Average salaries and wages
- $64,906
- Returns with wages
- Average income tax
- $10,511
- South Carolina $13,696
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99944027.3%
- $25,000 to $49,99935021.7%
- $50,000 to $74,99923014.3%
- $75,000 to $99,99919011.8%
- $100,000 to $199,99930018.6%
- $200,000 or more1006.2%
Income, credits and taxes in 29075
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 | 1,270 | 78.9% | $82.43M | $64,906 |
| Business or professional income | 300 | 18.6% | $4.65M | $15,507 |
| Net capital gains | 310 | 19.3% | $4.89M | $15,777 |
| Taxable pensions and annuities | 450 | 28.0% | $12.74M | $28,313 |
| Taxable Social Security benefits | 360 | 22.4% | $6.46M | $17,931 |
| Itemized deductions | 100 | 6.2% | $3.54M | $35,440 |
| Earned income tax credit | 190 | 11.8% | $478K | $2,516 |
| Refundable child tax credit | 150 | 9.3% | $289K | $1,927 |
| Income tax after credits | 1,170 | 72.7% | $12.3M | $10,511 |
| Refunds | 1,040 | 64.6% | $2.55M | $2,455 |
Frequently asked questions
- What is the average income in ZIP code 29075?
- For tax year 2022, the average adjusted gross income on the 1,610 individual tax returns filed in 29075 was $75,402, compared with $78,283 for South Carolina.
- How many people in 29075 get the earned income tax credit?
- 190 returns in 29075 (11.8%) 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