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ZIP Code 34202 Income and Tax Statistics
Lakewood Ranch, FL. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 15,170
- 27,990 people on returns
- Average adjusted gross income
- $237,632
- Florida $103,991
- Average salaries and wages
- $156,894
- Returns with wages
- Average income tax
- $54,166
- Florida $22,638
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9992,49016.4%
- $25,000 to $49,9991,95012.9%
- $50,000 to $74,9991,67011.0%
- $75,000 to $99,9991,3308.8%
- $100,000 to $199,9993,81025.1%
- $200,000 or more3,92025.8%
Income, credits and taxes in 34202
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 | 9,660 | 63.7% | $1.52B | $156,894 |
| Business or professional income | 3,050 | 20.1% | $117M | $38,507 |
| Net capital gains | 7,310 | 48.2% | $675M | $92,353 |
| Taxable pensions and annuities | 5,030 | 33.2% | $225M | $44,757 |
| Taxable Social Security benefits | 5,560 | 36.7% | $157M | $28,178 |
| Itemized deductions | 3,020 | 19.9% | $158M | $52,362 |
| Earned income tax credit | 680 | 4.5% | $1.3M | $1,912 |
| Refundable child tax credit | 510 | 3.4% | $942K | $1,847 |
| Income tax after credits | 12,830 | 84.6% | $695M | $54,166 |
| Refunds | 7,980 | 52.6% | $54.74M | $6,860 |
Frequently asked questions
- What is the average income in ZIP code 34202?
- For tax year 2022, the average adjusted gross income on the 15,170 individual tax returns filed in 34202 was $237,632, compared with $103,991 for Florida.
- How many people in 34202 get the earned income tax credit?
- 680 returns in 34202 (4.5%) 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