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ZIP Code 44262 Income and Tax Statistics
Munroe Falls, OH. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 2,680
- 4,650 people on returns
- Average adjusted gross income
- $75,606
- Ohio $77,995
- Average salaries and wages
- $65,036
- Returns with wages
- Average income tax
- $9,928
- Ohio $12,970
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99960022.4%
- $25,000 to $49,99958021.6%
- $50,000 to $74,99947017.5%
- $75,000 to $99,99935013.1%
- $100,000 to $199,99955020.5%
- $200,000 or more1304.9%
Income, credits and taxes in 44262
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 | 2,070 | 77.2% | $135M | $65,036 |
| Business or professional income | 390 | 14.6% | $7.03M | $18,033 |
| Net capital gains | 590 | 22.0% | $4.05M | $6,869 |
| Taxable pensions and annuities | 750 | 28.0% | $22.67M | $30,232 |
| Taxable Social Security benefits | 620 | 23.1% | $10.76M | $17,361 |
| Itemized deductions | 140 | 5.2% | $3.91M | $27,921 |
| Earned income tax credit | 220 | 8.2% | $410K | $1,864 |
| Refundable child tax credit | 140 | 5.2% | $247K | $1,764 |
| Income tax after credits | 2,130 | 79.5% | $21.15M | $9,928 |
| Refunds | 1,830 | 68.3% | $4.37M | $2,386 |
Frequently asked questions
- What is the average income in ZIP code 44262?
- For tax year 2022, the average adjusted gross income on the 2,680 individual tax returns filed in 44262 was $75,606, compared with $77,995 for Ohio.
- How many people in 44262 get the earned income tax credit?
- 220 returns in 44262 (8.2%) 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