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ZIP Code 37075 Income and Tax Statistics
Shackle Island, TN. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 34,250
- 66,630 people on returns
- Average adjusted gross income
- $102,799
- Tennessee $83,755
- Average salaries and wages
- $85,609
- Returns with wages
- Average income tax
- $17,737
- Tennessee $15,247
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9997,90023.1%
- $25,000 to $49,9996,90020.1%
- $50,000 to $74,9994,91014.3%
- $75,000 to $99,9993,59010.5%
- $100,000 to $199,9997,44021.7%
- $200,000 or more3,51010.2%
Income, credits and taxes in 37075
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 | 27,810 | 81.2% | $2.38B | $85,609 |
| Business or professional income | 7,700 | 22.5% | $234M | $30,372 |
| Net capital gains | 7,030 | 20.5% | $258M | $36,732 |
| Taxable pensions and annuities | 6,590 | 19.2% | $183M | $27,841 |
| Taxable Social Security benefits | 5,710 | 16.7% | $114M | $20,013 |
| Itemized deductions | 2,970 | 8.7% | $122M | $41,096 |
| Earned income tax credit | 3,360 | 9.8% | $7.75M | $2,306 |
| Refundable child tax credit | 2,660 | 7.8% | $5.02M | $1,886 |
| Income tax after credits | 26,730 | 78.0% | $474M | $17,737 |
| Refunds | 21,880 | 63.9% | $70.18M | $3,207 |
Frequently asked questions
- What is the average income in ZIP code 37075?
- For tax year 2022, the average adjusted gross income on the 34,250 individual tax returns filed in 37075 was $102,799, compared with $83,755 for Tennessee.
- How many people in 37075 get the earned income tax credit?
- 3,360 returns in 37075 (9.8%) 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