What is the average income in ZIP code 47597?

For tax year 2022, the average adjusted gross income on the 430 individual tax returns filed in 47597 was $75,177, compared with $76,831 for Indiana.

How many people in 47597 get the earned income tax credit?

50 returns in 47597 (11.6%) 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.

Checked Oct 22, 2026

ZIP Code 47597 Income and Tax Statistics

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

Tax returns: 430; 840 people on returns
Average adjusted gross income: $75,177; Indiana $76,831
Average salaries and wages: $61,254; Returns with wages
Average income tax: $10,459; Indiana $12,804

Returns by adjusted gross income

Returns with negative income are not included

$1 to $24,99911025.6%
$25,000 to $49,9999020.9%
$50,000 to $74,9997016.3%
$75,000 to $99,9996014.0%
$100,000 to $199,99910023.3%
$200,000 or more00.0%

Income, credits and taxes in 47597

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	350	81.4%	$21.44M	$61,254
Business or professional income	60	14.0%	$379K	$6,317
Net capital gains	60	14.0%	$525K	$8,750
Taxable pensions and annuities	100	23.3%	$1.38M	$13,790
Taxable Social Security benefits	100	23.3%	$1.52M	$15,240
Itemized deductions	0	0.0%	$0	Not shown
Earned income tax credit	50	11.6%	$129K	$2,580
Refundable child tax credit	40	9.3%	$57K	$1,425
Income tax after credits	320	74.4%	$3.35M	$10,459
Refunds	310	72.1%	$889K	$2,868

Frequently asked questions

What is the average income in ZIP code 47597?: For tax year 2022, the average adjusted gross income on the 430 individual tax returns filed in 47597 was $75,177, compared with $76,831 for Indiana.
How many people in 47597 get the earned income tax credit?: 50 returns in 47597 (11.6%) 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

Data sources

Statistics of Income (ZIP code data and migration data)Internal Revenue Service

IRS counts are rounded to the nearest 10, and items reported on fewer than 20 returns in a ZIP code are left out to protect taxpayer privacy. ZIP codes with fewer than 100 returns are combined by the IRS and are not shown.

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