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ZIP Code 40143 Income and Tax Statistics
Hardinsburg, KY. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 2,450
- 4,870 people on returns
- Average adjusted gross income
- $60,993
- Kentucky $71,685
- Average salaries and wages
- $50,295
- Returns with wages
- Average income tax
- $7,801
- Kentucky $11,526
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99977031.4%
- $25,000 to $49,99961024.9%
- $50,000 to $74,99939015.9%
- $75,000 to $99,99927011.0%
- $100,000 to $199,99934013.9%
- $200,000 or more702.9%
Income, credits and taxes in 40143
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 | 1,950 | 79.6% | $98.08M | $50,295 |
| Business or professional income | 420 | 17.1% | $5.39M | $12,843 |
| Net capital gains | 350 | 14.3% | $9.09M | $25,977 |
| Taxable pensions and annuities | 610 | 24.9% | $17.34M | $28,420 |
| Taxable Social Security benefits | 450 | 18.4% | $5.84M | $12,976 |
| Itemized deductions | 60 | 2.4% | $1.9M | $31,600 |
| Earned income tax credit | 450 | 18.4% | $1.07M | $2,376 |
| Refundable child tax credit | 330 | 13.5% | $627K | $1,900 |
| Income tax after credits | 1,650 | 67.3% | $12.87M | $7,801 |
| Refunds | 1,820 | 74.3% | $5.15M | $2,829 |
Frequently asked questions
- What is the average income in ZIP code 40143?
- For tax year 2022, the average adjusted gross income on the 2,450 individual tax returns filed in 40143 was $60,993, compared with $71,685 for Kentucky.
- How many people in 40143 get the earned income tax credit?
- 450 returns in 40143 (18.4%) 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