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ZIP Code 41543 Income and Tax Statistics

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

Tax returns
150
320 people on returns
Average adjusted gross income
$48,127
Kentucky $71,685
Average salaries and wages
$45,921
Returns with wages
Average income tax
$4,510
Kentucky $11,526

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9995033.3%
  • $25,000 to $49,9994026.7%
  • $50,000 to $74,9994026.7%
  • $75,000 to $99,99900.0%
  • $100,000 to $199,9992013.3%
  • $200,000 or more00.0%

Income, credits and taxes in 41543

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 wages14093.3%$6.43M$45,921
Business or professional income00.0%$0Not shown
Net capital gains00.0%$0Not shown
Taxable pensions and annuities00.0%$0Not shown
Taxable Social Security benefits00.0%$0Not shown
Itemized deductions00.0%$0Not shown
Earned income tax credit4026.7%$100K$2,500
Refundable child tax credit2013.3%$46K$2,300
Income tax after credits10066.7%$451K$4,510
Refunds14093.3%$385K$2,750

Frequently asked questions

What is the average income in ZIP code 41543?
For tax year 2022, the average adjusted gross income on the 150 individual tax returns filed in 41543 was $48,127, compared with $71,685 for Kentucky.
How many people in 41543 get the earned income tax credit?
40 returns in 41543 (26.7%) 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