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ZIP Code 39443 Income and Tax Statistics
Sharon, MS. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 8,940
- 18,670 people on returns
- Average adjusted gross income
- $64,526
- Mississippi $64,251
- Average salaries and wages
- $57,694
- Returns with wages
- Average income tax
- $9,238
- Mississippi $10,565
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9992,93032.8%
- $25,000 to $49,9992,25025.2%
- $50,000 to $74,9991,32014.8%
- $75,000 to $99,99990010.1%
- $100,000 to $199,9991,23013.8%
- $200,000 or more3103.5%
Income, credits and taxes in 39443
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 | 7,280 | 81.4% | $420M | $57,694 |
| Business or professional income | 1,800 | 20.1% | $21.89M | $12,158 |
| Net capital gains | 880 | 9.8% | $16.87M | $19,175 |
| Taxable pensions and annuities | 1,870 | 20.9% | $48.13M | $25,736 |
| Taxable Social Security benefits | 1,580 | 17.7% | $26.07M | $16,498 |
| Itemized deductions | 480 | 5.4% | $17.92M | $37,327 |
| Earned income tax credit | 2,010 | 22.5% | $5.92M | $2,946 |
| Refundable child tax credit | 1,620 | 18.1% | $3.13M | $1,931 |
| Income tax after credits | 5,830 | 65.2% | $53.86M | $9,238 |
| Refunds | 6,550 | 73.3% | $21.32M | $3,254 |
Frequently asked questions
- What is the average income in ZIP code 39443?
- For tax year 2022, the average adjusted gross income on the 8,940 individual tax returns filed in 39443 was $64,526, compared with $64,251 for Mississippi.
- How many people in 39443 get the earned income tax credit?
- 2,010 returns in 39443 (22.5%) 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