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ZIP Code 29601 Income and Tax Statistics
Greenville, SC. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 6,830
- 10,270 people on returns
- Average adjusted gross income
- $145,810
- South Carolina $78,283
- Average salaries and wages
- $96,381
- Returns with wages
- Average income tax
- $31,523
- South Carolina $13,696
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9991,50022.0%
- $25,000 to $49,9991,43020.9%
- $50,000 to $74,9991,12016.4%
- $75,000 to $99,99971010.4%
- $100,000 to $199,9991,04015.2%
- $200,000 or more1,03015.1%
Income, credits and taxes in 29601
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 | 5,720 | 83.7% | $551M | $96,381 |
| Business or professional income | 1,270 | 18.6% | $32.67M | $25,724 |
| Net capital gains | 2,150 | 31.5% | $168M | $78,216 |
| Taxable pensions and annuities | 1,000 | 14.6% | $29.01M | $29,014 |
| Taxable Social Security benefits | 880 | 12.9% | $22.25M | $25,278 |
| Itemized deductions | 980 | 14.3% | $48.67M | $49,663 |
| Earned income tax credit | 720 | 10.5% | $1.66M | $2,308 |
| Refundable child tax credit | 430 | 6.3% | $785K | $1,826 |
| Income tax after credits | 5,510 | 80.7% | $174M | $31,523 |
| Refunds | 4,100 | 60.0% | $16.12M | $3,931 |
Frequently asked questions
- What is the average income in ZIP code 29601?
- For tax year 2022, the average adjusted gross income on the 6,830 individual tax returns filed in 29601 was $145,810, compared with $78,283 for South Carolina.
- How many people in 29601 get the earned income tax credit?
- 720 returns in 29601 (10.5%) 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