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ZIP Code 46405 Income and Tax Statistics
Lake Station, IN. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 5,170
- 9,420 people on returns
- Average adjusted gross income
- $44,602
- Indiana $76,831
- Average salaries and wages
- $44,470
- Returns with wages
- Average income tax
- $5,037
- Indiana $12,804
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9991,84035.6%
- $25,000 to $49,9991,67032.3%
- $50,000 to $74,99978015.1%
- $75,000 to $99,9994408.5%
- $100,000 to $199,9994208.1%
- $200,000 or more200.4%
Income, credits and taxes in 46405
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 | 4,300 | 83.2% | $191M | $44,470 |
| Business or professional income | 560 | 10.8% | $4.66M | $8,323 |
| Net capital gains | 220 | 4.3% | $947K | $4,305 |
| Taxable pensions and annuities | 980 | 19.0% | $17.88M | $18,240 |
| Taxable Social Security benefits | 680 | 13.2% | $8.21M | $12,079 |
| Itemized deductions | 70 | 1.4% | $1.76M | $25,200 |
| Earned income tax credit | 1,190 | 23.0% | $3.17M | $2,664 |
| Refundable child tax credit | 880 | 17.0% | $1.65M | $1,878 |
| Income tax after credits | 3,260 | 63.1% | $16.42M | $5,037 |
| Refunds | 4,240 | 82.0% | $11.74M | $2,769 |
Frequently asked questions
- What is the average income in ZIP code 46405?
- For tax year 2022, the average adjusted gross income on the 5,170 individual tax returns filed in 46405 was $44,602, compared with $76,831 for Indiana.
- How many people in 46405 get the earned income tax credit?
- 1,190 returns in 46405 (23.0%) 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