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ZIP Code 47041 Income and Tax Statistics

Sunman, IN. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
3,010
5,680 people on returns
Average adjusted gross income
$68,237
Indiana $76,831
Average salaries and wages
$60,838
Returns with wages
Average income tax
$8,741
Indiana $12,804

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99983027.6%
  • $25,000 to $49,99968022.6%
  • $50,000 to $74,99947015.6%
  • $75,000 to $99,99935011.6%
  • $100,000 to $199,99956018.6%
  • $200,000 or more1204.0%

Income, credits and taxes in 47041

Returns that reported each item, the total amount and the average for those returns

Swipe the table sideways to see more columns.

ItemReturnsShare of returnsTotalAverage
Salaries and wages2,50083.1%$152M$60,838
Business or professional income39013.0%$6.07M$15,569
Net capital gains49016.3%$4.78M$9,763
Taxable pensions and annuities68022.6%$13.81M$20,304
Taxable Social Security benefits57018.9%$8.49M$14,886
Itemized deductions1003.3%$3.15M$31,500
Earned income tax credit31010.3%$635K$2,048
Refundable child tax credit2408.0%$419K$1,746
Income tax after credits2,18072.4%$19.06M$8,741
Refunds2,25074.8%$5.88M$2,612

Frequently asked questions

What is the average income in ZIP code 47041?
For tax year 2022, the average adjusted gross income on the 3,010 individual tax returns filed in 47041 was $68,237, compared with $76,831 for Indiana.
How many people in 47041 get the earned income tax credit?
310 returns in 47041 (10.3%) 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