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ZIP Code 32334 Income and Tax Statistics
Hosford, FL. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 700
- 1,430 people on returns
- Average adjusted gross income
- $62,049
- Florida $103,991
- Average salaries and wages
- $50,107
- Returns with wages
- Average income tax
- $8,819
- Florida $22,638
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99920028.6%
- $25,000 to $49,99921030.0%
- $50,000 to $74,99911015.7%
- $75,000 to $99,9998011.4%
- $100,000 to $199,99910014.3%
- $200,000 or more00.0%
Income, credits and taxes in 32334
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 | 570 | 81.4% | $28.56M | $50,107 |
| Business or professional income | 120 | 17.1% | $558K | $4,650 |
| Net capital gains | 50 | 7.1% | $1.71M | $34,160 |
| Taxable pensions and annuities | 150 | 21.4% | $4.65M | $31,007 |
| Taxable Social Security benefits | 120 | 17.1% | $1.87M | $15,592 |
| Itemized deductions | 20 | 2.9% | $725K | $36,250 |
| Earned income tax credit | 160 | 22.9% | $435K | $2,719 |
| Refundable child tax credit | 120 | 17.1% | $220K | $1,833 |
| Income tax after credits | 470 | 67.1% | $4.14M | $8,819 |
| Refunds | 550 | 78.6% | $1.57M | $2,856 |
Frequently asked questions
- What is the average income in ZIP code 32334?
- For tax year 2022, the average adjusted gross income on the 700 individual tax returns filed in 32334 was $62,049, compared with $103,991 for Florida.
- How many people in 32334 get the earned income tax credit?
- 160 returns in 32334 (22.9%) 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