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ZIP Code 41513 Income and Tax Statistics
Elkhorn City, KY. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 130
- 270 people on returns
- Average adjusted gross income
- $49,815
- Kentucky $71,685
- Average salaries and wages
- $46,827
- Returns with wages
- Average income tax
- $5,000
- Kentucky $11,526
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9994030.8%
- $25,000 to $49,9994030.8%
- $50,000 to $74,9992015.4%
- $75,000 to $99,9993023.1%
- $100,000 to $199,99900.0%
- $200,000 or more00.0%
Income, credits and taxes in 41513
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 | 110 | 84.6% | $5.15M | $46,827 |
| Business or professional income | 0 | 0.0% | $0 | Not shown |
| Net capital gains | 0 | 0.0% | $0 | Not shown |
| Taxable pensions and annuities | 30 | 23.1% | $768K | $25,600 |
| Taxable Social Security benefits | 20 | 15.4% | $326K | $16,300 |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 30 | 23.1% | $79K | $2,633 |
| Refundable child tax credit | 0 | 0.0% | $0 | Not shown |
| Income tax after credits | 90 | 69.2% | $450K | $5,000 |
| Refunds | 100 | 76.9% | $285K | $2,850 |
Frequently asked questions
- What is the average income in ZIP code 41513?
- For tax year 2022, the average adjusted gross income on the 130 individual tax returns filed in 41513 was $49,815, compared with $71,685 for Kentucky.
- How many people in 41513 get the earned income tax credit?
- 30 returns in 41513 (23.1%) 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