Checked
ZIP Code 40464 Income and Tax Statistics
Perryville, KY. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 390
- 800 people on returns
- Average adjusted gross income
- $56,151
- Kentucky $71,685
- Average salaries and wages
- $51,373
- Returns with wages
- Average income tax
- $6,952
- Kentucky $11,526
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99911028.2%
- $25,000 to $49,99912030.8%
- $50,000 to $74,9997017.9%
- $75,000 to $99,9994010.3%
- $100,000 to $199,9995012.8%
- $200,000 or more00.0%
Income, credits and taxes in 40464
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 | 330 | 84.6% | $16.95M | $51,373 |
| Business or professional income | 60 | 15.4% | $428K | $7,133 |
| Net capital gains | 30 | 7.7% | $58K | $1,933 |
| Taxable pensions and annuities | 90 | 23.1% | $1.74M | $19,344 |
| Taxable Social Security benefits | 50 | 12.8% | $661K | $13,220 |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 80 | 20.5% | $205K | $2,563 |
| Refundable child tax credit | 60 | 15.4% | $99K | $1,650 |
| Income tax after credits | 250 | 64.1% | $1.74M | $6,952 |
| Refunds | 300 | 76.9% | $844K | $2,813 |
Frequently asked questions
- What is the average income in ZIP code 40464?
- For tax year 2022, the average adjusted gross income on the 390 individual tax returns filed in 40464 was $56,151, compared with $71,685 for Kentucky.
- How many people in 40464 get the earned income tax credit?
- 80 returns in 40464 (20.5%) 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