Checked
ZIP Code 45786 Income and Tax Statistics
Waterford, OH. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,470
- 2,760 people on returns
- Average adjusted gross income
- $64,829
- Ohio $77,995
- Average salaries and wages
- $59,485
- Returns with wages
- Average income tax
- $8,271
- Ohio $12,970
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99939026.5%
- $25,000 to $49,99937025.2%
- $50,000 to $74,99926017.7%
- $75,000 to $99,99917011.6%
- $100,000 to $199,99924016.3%
- $200,000 or more402.7%
Income, credits and taxes in 45786
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 | 1,190 | 81.0% | $70.79M | $59,485 |
| Business or professional income | 240 | 16.3% | $4.08M | $16,988 |
| Net capital gains | 260 | 17.7% | $1.87M | $7,185 |
| Taxable pensions and annuities | 350 | 23.8% | $7.6M | $21,720 |
| Taxable Social Security benefits | 260 | 17.7% | $3.67M | $14,115 |
| Itemized deductions | 20 | 1.4% | $515K | $25,750 |
| Earned income tax credit | 180 | 12.2% | $434K | $2,411 |
| Refundable child tax credit | 130 | 8.8% | $235K | $1,808 |
| Income tax after credits | 1,070 | 72.8% | $8.85M | $8,271 |
| Refunds | 1,090 | 74.1% | $2.96M | $2,715 |
Frequently asked questions
- What is the average income in ZIP code 45786?
- For tax year 2022, the average adjusted gross income on the 1,470 individual tax returns filed in 45786 was $64,829, compared with $77,995 for Ohio.
- How many people in 45786 get the earned income tax credit?
- 180 returns in 45786 (12.2%) 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