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ZIP Code 34689 Income and Tax Statistics
Tarpon Springs, FL. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 13,260
- 22,660 people on returns
- Average adjusted gross income
- $87,283
- Florida $103,991
- Average salaries and wages
- $69,034
- Returns with wages
- Average income tax
- $15,302
- Florida $22,638
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9993,76028.4%
- $25,000 to $49,9992,86021.6%
- $50,000 to $74,9991,97014.9%
- $75,000 to $99,9991,2909.7%
- $100,000 to $199,9992,40018.1%
- $200,000 or more9807.4%
Income, credits and taxes in 34689
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 | 72.9% | $667M | $69,034 |
| Business or professional income | 2,440 | 18.4% | $34.75M | $14,242 |
| Net capital gains | 3,040 | 22.9% | $84.41M | $27,767 |
| Taxable pensions and annuities | 3,310 | 25.0% | $97.69M | $29,513 |
| Taxable Social Security benefits | 3,160 | 23.8% | $57.52M | $18,203 |
| Itemized deductions | 900 | 6.8% | $37.11M | $41,236 |
| Earned income tax credit | 1,620 | 12.2% | $3.66M | $2,257 |
| Refundable child tax credit | 1,050 | 7.9% | $1.95M | $1,861 |
| Income tax after credits | 9,900 | 74.7% | $151M | $15,302 |
| Refunds | 8,510 | 64.2% | $27.45M | $3,225 |
Frequently asked questions
- What is the average income in ZIP code 34689?
- For tax year 2022, the average adjusted gross income on the 13,260 individual tax returns filed in 34689 was $87,283, compared with $103,991 for Florida.
- How many people in 34689 get the earned income tax credit?
- 1,620 returns in 34689 (12.2%) 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