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ZIP Code 44307 Income and Tax Statistics
Akron, OH. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 2,810
- 5,010 people on returns
- Average adjusted gross income
- $30,363
- Ohio $77,995
- Average salaries and wages
- $28,254
- Returns with wages
- Average income tax
- $3,652
- Ohio $12,970
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9991,53054.4%
- $25,000 to $49,99984029.9%
- $50,000 to $74,9992609.3%
- $75,000 to $99,9991103.9%
- $100,000 to $199,999702.5%
- $200,000 or more00.0%
Income, credits and taxes in 44307
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 | 2,430 | 86.5% | $68.66M | $28,254 |
| Business or professional income | 580 | 20.6% | $1.76M | $3,036 |
| Net capital gains | 80 | 2.8% | $99K | $1,238 |
| Taxable pensions and annuities | 420 | 14.9% | $8.5M | $20,240 |
| Taxable Social Security benefits | 260 | 9.3% | $3.07M | $11,804 |
| Itemized deductions | 50 | 1.8% | $1.12M | $22,360 |
| Earned income tax credit | 1,240 | 44.1% | $3.95M | $3,184 |
| Refundable child tax credit | 860 | 30.6% | $1.55M | $1,798 |
| Income tax after credits | 1,310 | 46.6% | $4.78M | $3,652 |
| Refunds | 2,430 | 86.5% | $8.82M | $3,629 |
Frequently asked questions
- What is the average income in ZIP code 44307?
- For tax year 2022, the average adjusted gross income on the 2,810 individual tax returns filed in 44307 was $30,363, compared with $77,995 for Ohio.
- How many people in 44307 get the earned income tax credit?
- 1,240 returns in 44307 (44.1%) 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