Checked
ZIP Code 32580 Income and Tax Statistics
Valparaiso, FL. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 2,250
- 4,130 people on returns
- Average adjusted gross income
- $81,449
- Florida $103,991
- Average salaries and wages
- $65,692
- Returns with wages
- Average income tax
- $12,012
- Florida $22,638
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99948021.3%
- $25,000 to $49,99958025.8%
- $50,000 to $74,99937016.4%
- $75,000 to $99,99924010.7%
- $100,000 to $199,99944019.6%
- $200,000 or more1406.2%
Income, credits and taxes in 32580
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 | 1,770 | 78.7% | $116M | $65,692 |
| Business or professional income | 340 | 15.1% | $4.43M | $13,015 |
| Net capital gains | 470 | 20.9% | $9.89M | $21,045 |
| Taxable pensions and annuities | 680 | 30.2% | $25.86M | $38,029 |
| Taxable Social Security benefits | 460 | 20.4% | $7.83M | $17,028 |
| Itemized deductions | 130 | 5.8% | $4.35M | $33,492 |
| Earned income tax credit | 240 | 10.7% | $514K | $2,142 |
| Refundable child tax credit | 200 | 8.9% | $408K | $2,040 |
| Income tax after credits | 1,760 | 78.2% | $21.14M | $12,012 |
| Refunds | 1,520 | 67.6% | $4.47M | $2,939 |
Frequently asked questions
- What is the average income in ZIP code 32580?
- For tax year 2022, the average adjusted gross income on the 2,250 individual tax returns filed in 32580 was $81,449, compared with $103,991 for Florida.
- How many people in 32580 get the earned income tax credit?
- 240 returns in 32580 (10.7%) 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