What is the average income in ZIP code 40461?

For tax year 2022, the average adjusted gross income on the 1,090 individual tax returns filed in 40461 was $68,821, compared with $71,685 for Kentucky.

How many people in 40461 get the earned income tax credit?

180 returns in 40461 (16.5%) 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.

Checked Oct 22, 2026

ZIP Code 40461 Income and Tax Statistics

Berea, KY. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns: 1,090; 2,320 people on returns
Average adjusted gross income: $68,821; Kentucky $71,685
Average salaries and wages: $59,305; Returns with wages
Average income tax: $9,844; Kentucky $11,526

Returns by adjusted gross income

Returns with negative income are not included

$1 to $24,99932029.4%
$25,000 to $49,99926023.9%
$50,000 to $74,99918016.5%
$75,000 to $99,99913011.9%
$100,000 to $199,99916014.7%
$200,000 or more403.7%

Income, credits and taxes in 40461

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	840	77.1%	$49.82M	$59,305
Business or professional income	220	20.2%	$1.81M	$8,227
Net capital gains	140	12.8%	$2.65M	$18,957
Taxable pensions and annuities	260	23.9%	$6.79M	$26,100
Taxable Social Security benefits	190	17.4%	$2.42M	$12,742
Itemized deductions	50	4.6%	$2.25M	$44,920
Earned income tax credit	180	16.5%	$438K	$2,433
Refundable child tax credit	150	13.8%	$273K	$1,820
Income tax after credits	720	66.1%	$7.09M	$9,844
Refunds	790	72.5%	$2.3M	$2,908

Frequently asked questions

What is the average income in ZIP code 40461?: For tax year 2022, the average adjusted gross income on the 1,090 individual tax returns filed in 40461 was $68,821, compared with $71,685 for Kentucky.
How many people in 40461 get the earned income tax credit?: 180 returns in 40461 (16.5%) 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

Data sources

Statistics of Income (ZIP code data and migration data)Internal Revenue Service

IRS counts are rounded to the nearest 10, and items reported on fewer than 20 returns in a ZIP code are left out to protect taxpayer privacy. ZIP codes with fewer than 100 returns are combined by the IRS and are not shown.

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