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ZIP Code 35203 Income and Tax Statistics
Birmingham, AL. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,390
- 2,060 people on returns
- Average adjusted gross income
- $177,828
- Alabama $75,055
- Average salaries and wages
- $80,836
- Returns with wages
- Average income tax
- $35,689
- Alabama $12,766
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99943030.9%
- $25,000 to $49,99929020.9%
- $50,000 to $74,99918012.9%
- $75,000 to $99,9991309.4%
- $100,000 to $199,99920014.4%
- $200,000 or more16011.5%
Income, credits and taxes in 35203
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 | 1,180 | 84.9% | $95.39M | $80,836 |
| Business or professional income | 350 | 25.2% | $4.91M | $14,034 |
| Net capital gains | 300 | 21.6% | $17.56M | $58,533 |
| Taxable pensions and annuities | 120 | 8.6% | $3.59M | $29,908 |
| Taxable Social Security benefits | 110 | 7.9% | $1.99M | $18,100 |
| Itemized deductions | 220 | 15.8% | $10.11M | $45,964 |
| Earned income tax credit | 300 | 21.6% | $856K | $2,853 |
| Refundable child tax credit | 170 | 12.2% | $338K | $1,988 |
| Income tax after credits | 970 | 69.8% | $34.62M | $35,689 |
| Refunds | 920 | 66.2% | $4.06M | $4,410 |
Frequently asked questions
- What is the average income in ZIP code 35203?
- For tax year 2022, the average adjusted gross income on the 1,390 individual tax returns filed in 35203 was $177,828, compared with $75,055 for Alabama.
- How many people in 35203 get the earned income tax credit?
- 300 returns in 35203 (21.6%) 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