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ZIP Code 29530 Income and Tax Statistics
Coward, SC. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,060
- 2,130 people on returns
- Average adjusted gross income
- $48,374
- South Carolina $78,283
- Average salaries and wages
- $46,721
- Returns with wages
- Average income tax
- $5,311
- South Carolina $13,696
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99936034.0%
- $25,000 to $49,99936034.0%
- $50,000 to $74,99914013.2%
- $75,000 to $99,999706.6%
- $100,000 to $199,99913012.3%
- $200,000 or more00.0%
Income, credits and taxes in 29530
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 | 920 | 86.8% | $42.98M | $46,721 |
| Business or professional income | 200 | 18.9% | $1.41M | $7,060 |
| Net capital gains | 70 | 6.6% | $220K | $3,143 |
| Taxable pensions and annuities | 170 | 16.0% | $2.96M | $17,388 |
| Taxable Social Security benefits | 140 | 13.2% | $1.74M | $12,393 |
| Itemized deductions | 30 | 2.8% | $970K | $32,333 |
| Earned income tax credit | 300 | 28.3% | $855K | $2,850 |
| Refundable child tax credit | 240 | 22.6% | $419K | $1,746 |
| Income tax after credits | 640 | 60.4% | $3.4M | $5,311 |
| Refunds | 840 | 79.2% | $2.42M | $2,877 |
Frequently asked questions
- What is the average income in ZIP code 29530?
- For tax year 2022, the average adjusted gross income on the 1,060 individual tax returns filed in 29530 was $48,374, compared with $78,283 for South Carolina.
- How many people in 29530 get the earned income tax credit?
- 300 returns in 29530 (28.3%) 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