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ZIP Code 39776 Income and Tax Statistics

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

Tax returns
660
1,310 people on returns
Average adjusted gross income
$48,424
Mississippi $64,251
Average salaries and wages
$40,355
Returns with wages
Average income tax
$5,418
Mississippi $10,565

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99924036.4%
  • $25,000 to $49,99922033.3%
  • $50,000 to $74,9999013.6%
  • $75,000 to $99,999507.6%
  • $100,000 to $199,999609.1%
  • $200,000 or more00.0%

Income, credits and taxes in 39776

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 wages56084.8%$22.6M$40,355
Business or professional income14021.2%$296K$2,114
Net capital gains507.6%$442K$8,840
Taxable pensions and annuities12018.2%$2.6M$21,650
Taxable Social Security benefits11016.7%$1.56M$14,173
Itemized deductions406.1%$1.01M$25,325
Earned income tax credit20030.3%$607K$3,035
Refundable child tax credit14021.2%$268K$1,914
Income tax after credits38057.6%$2.06M$5,418
Refunds54081.8%$1.68M$3,106

Frequently asked questions

What is the average income in ZIP code 39776?
For tax year 2022, the average adjusted gross income on the 660 individual tax returns filed in 39776 was $48,424, compared with $64,251 for Mississippi.
How many people in 39776 get the earned income tax credit?
200 returns in 39776 (30.3%) 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