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ZIP Code 32669 Income and Tax Statistics
Newberry, FL. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 8,650
- 17,400 people on returns
- Average adjusted gross income
- $112,724
- Florida $103,991
- Average salaries and wages
- $88,499
- Returns with wages
- Average income tax
- $21,197
- Florida $22,638
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9992,04023.6%
- $25,000 to $49,9991,70019.7%
- $50,000 to $74,9991,19013.8%
- $75,000 to $99,99994010.9%
- $100,000 to $199,9991,88021.7%
- $200,000 or more90010.4%
Income, credits and taxes in 32669
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 | 6,970 | 80.6% | $617M | $88,499 |
| Business or professional income | 1,720 | 19.9% | $16.11M | $9,367 |
| Net capital gains | 1,830 | 21.2% | $73.6M | $40,219 |
| Taxable pensions and annuities | 1,930 | 22.3% | $59.87M | $31,023 |
| Taxable Social Security benefits | 1,560 | 18.0% | $28.56M | $18,306 |
| Itemized deductions | 790 | 9.1% | $32.05M | $40,573 |
| Earned income tax credit | 1,040 | 12.0% | $2.61M | $2,509 |
| Refundable child tax credit | 850 | 9.8% | $1.67M | $1,969 |
| Income tax after credits | 6,610 | 76.4% | $140M | $21,197 |
| Refunds | 5,810 | 67.2% | $26.25M | $4,518 |
Frequently asked questions
- What is the average income in ZIP code 32669?
- For tax year 2022, the average adjusted gross income on the 8,650 individual tax returns filed in 32669 was $112,724, compared with $103,991 for Florida.
- How many people in 32669 get the earned income tax credit?
- 1,040 returns in 32669 (12.0%) 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