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ZIP Code 39301 Income and Tax Statistics

Toomsuba, MS. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
8,750
16,980 people on returns
Average adjusted gross income
$50,627
Mississippi $64,251
Average salaries and wages
$45,217
Returns with wages
Average income tax
$7,217
Mississippi $10,565

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9993,61041.3%
  • $25,000 to $49,9992,30026.3%
  • $50,000 to $74,9991,06012.1%
  • $75,000 to $99,9996907.9%
  • $100,000 to $199,99991010.4%
  • $200,000 or more1802.1%

Income, credits and taxes in 39301

Returns that reported each item, the total amount and the average for those returns

Swipe the table sideways to see more columns.

ItemReturnsShare of returnsTotalAverage
Salaries and wages7,35084.0%$332M$45,217
Business or professional income1,73019.8%$14.15M$8,179
Net capital gains6707.7%$7.67M$11,445
Taxable pensions and annuities1,57017.9%$40.83M$26,009
Taxable Social Security benefits1,25014.3%$19.15M$15,318
Itemized deductions3403.9%$11.4M$33,532
Earned income tax credit2,72031.1%$8.32M$3,058
Refundable child tax credit1,91021.8%$3.39M$1,774
Income tax after credits5,15058.9%$37.17M$7,217
Refunds6,89078.7%$22.29M$3,235

Frequently asked questions

What is the average income in ZIP code 39301?
For tax year 2022, the average adjusted gross income on the 8,750 individual tax returns filed in 39301 was $50,627, compared with $64,251 for Mississippi.
How many people in 39301 get the earned income tax credit?
2,720 returns in 39301 (31.1%) 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