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ZIP Code 39737 Income and Tax Statistics
Walthall, MS. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 100
- 200 people on returns
- Average adjusted gross income
- $51,700
- Mississippi $64,251
- Average salaries and wages
- $45,738
- Returns with wages
- Average income tax
- $6,467
- Mississippi $10,565
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9994040.0%
- $25,000 to $49,9994040.0%
- $50,000 to $74,99900.0%
- $75,000 to $99,9992020.0%
- $100,000 to $199,99900.0%
- $200,000 or more00.0%
Income, credits and taxes in 39737
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 | 80 | 80.0% | $3.66M | $45,738 |
| Business or professional income | 20 | 20.0% | -$18K | -$900 |
| Net capital gains | 0 | 0.0% | $0 | Not shown |
| Taxable pensions and annuities | 0 | 0.0% | $0 | Not shown |
| Taxable Social Security benefits | 0 | 0.0% | $0 | Not shown |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 30 | 30.0% | $77K | $2,567 |
| Refundable child tax credit | 0 | 0.0% | $0 | Not shown |
| Income tax after credits | 60 | 60.0% | $388K | $6,467 |
| Refunds | 70 | 70.0% | $188K | $2,686 |
Frequently asked questions
- What is the average income in ZIP code 39737?
- For tax year 2022, the average adjusted gross income on the 100 individual tax returns filed in 39737 was $51,700, compared with $64,251 for Mississippi.
- How many people in 39737 get the earned income tax credit?
- 30 returns in 39737 (30.0%) 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