Skip to content

Checked

ZIP Code 42071 Income and Tax Statistics

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

Tax returns
12,120
22,130 people on returns
Average adjusted gross income
$65,874
Kentucky $71,685
Average salaries and wages
$49,305
Returns with wages
Average income tax
$10,534
Kentucky $11,526

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9994,16034.3%
  • $25,000 to $49,9993,12025.7%
  • $50,000 to $74,9991,68013.9%
  • $75,000 to $99,9991,1309.3%
  • $100,000 to $199,9991,56012.9%
  • $200,000 or more4703.9%

Income, credits and taxes in 42071

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 wages9,56078.9%$471M$49,305
Business or professional income2,06017.0%$31.34M$15,215
Net capital gains2,06017.0%$26M$12,621
Taxable pensions and annuities2,91024.0%$85.08M$29,236
Taxable Social Security benefits2,40019.8%$38.89M$16,205
Itemized deductions5604.6%$21.62M$38,598
Earned income tax credit2,18018.0%$5.23M$2,399
Refundable child tax credit1,50012.4%$2.68M$1,788
Income tax after credits8,11066.9%$85.43M$10,534
Refunds8,67071.5%$22.5M$2,596

Frequently asked questions

What is the average income in ZIP code 42071?
For tax year 2022, the average adjusted gross income on the 12,120 individual tax returns filed in 42071 was $65,874, compared with $71,685 for Kentucky.
How many people in 42071 get the earned income tax credit?
2,180 returns in 42071 (18.0%) 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