Checked
ZIP Code 43543 Income and Tax Statistics
Montpelier, OH. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 3,620
- 6,420 people on returns
- Average adjusted gross income
- $57,001
- Ohio $77,995
- Average salaries and wages
- $48,681
- Returns with wages
- Average income tax
- $6,797
- Ohio $12,970
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9991,01027.9%
- $25,000 to $49,9991,11030.7%
- $50,000 to $74,99965018.0%
- $75,000 to $99,9993409.4%
- $100,000 to $199,99943011.9%
- $200,000 or more802.2%
Income, credits and taxes in 43543
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 | 3,050 | 84.3% | $148M | $48,681 |
| Business or professional income | 430 | 11.9% | $6.98M | $16,233 |
| Net capital gains | 430 | 11.9% | $4.3M | $9,998 |
| Taxable pensions and annuities | 820 | 22.7% | $16.82M | $20,509 |
| Taxable Social Security benefits | 640 | 17.7% | $7.99M | $12,489 |
| Itemized deductions | 60 | 1.7% | $2.43M | $40,433 |
| Earned income tax credit | 510 | 14.1% | $1.17M | $2,292 |
| Refundable child tax credit | 410 | 11.3% | $745K | $1,817 |
| Income tax after credits | 2,590 | 71.5% | $17.6M | $6,797 |
| Refunds | 2,760 | 76.2% | $6.6M | $2,390 |
Frequently asked questions
- What is the average income in ZIP code 43543?
- For tax year 2022, the average adjusted gross income on the 3,620 individual tax returns filed in 43543 was $57,001, compared with $77,995 for Ohio.
- How many people in 43543 get the earned income tax credit?
- 510 returns in 43543 (14.1%) 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