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ZIP Code 32162 Income and Tax Statistics
The Villages, FL. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 29,620
- 47,060 people on returns
- Average adjusted gross income
- $100,306
- Florida $103,991
- Average salaries and wages
- $51,479
- Returns with wages
- Average income tax
- $14,669
- Florida $22,638
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9995,35018.1%
- $25,000 to $49,9994,90016.5%
- $50,000 to $74,9994,66015.7%
- $75,000 to $99,9994,32014.6%
- $100,000 to $199,9997,93026.8%
- $200,000 or more2,4608.3%
Income, credits and taxes in 32162
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 | 7,030 | 23.7% | $362M | $51,479 |
| Business or professional income | 2,420 | 8.2% | $44.94M | $18,569 |
| Net capital gains | 14,790 | 49.9% | $270M | $18,248 |
| Taxable pensions and annuities | 21,540 | 72.7% | $838M | $38,899 |
| Taxable Social Security benefits | 23,020 | 77.7% | $509M | $22,125 |
| Itemized deductions | 2,650 | 8.9% | $94.44M | $35,637 |
| Earned income tax credit | 570 | 1.9% | $860K | $1,509 |
| Refundable child tax credit | 190 | 0.6% | $377K | $1,984 |
| Income tax after credits | 24,780 | 83.7% | $363M | $14,669 |
| Refunds | 16,320 | 55.1% | $56.93M | $3,488 |
Frequently asked questions
- What is the average income in ZIP code 32162?
- For tax year 2022, the average adjusted gross income on the 29,620 individual tax returns filed in 32162 was $100,306, compared with $103,991 for Florida.
- How many people in 32162 get the earned income tax credit?
- 570 returns in 32162 (1.9%) 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