Checked
ZIP Code 48124 Income and Tax Statistics
Dearborn, MI. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 17,370
- 31,610 people on returns
- Average adjusted gross income
- $79,321
- Michigan $79,093
- Average salaries and wages
- $70,112
- Returns with wages
- Average income tax
- $13,551
- Michigan $13,917
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9995,09029.3%
- $25,000 to $49,9993,62020.8%
- $50,000 to $74,9992,61015.0%
- $75,000 to $99,9991,90010.9%
- $100,000 to $199,9993,12018.0%
- $200,000 or more1,0305.9%
Income, credits and taxes in 48124
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 | 13,280 | 76.5% | $931M | $70,112 |
| Business or professional income | 3,060 | 17.6% | $33.72M | $11,018 |
| Net capital gains | 3,620 | 20.8% | $43.6M | $12,044 |
| Taxable pensions and annuities | 4,020 | 23.1% | $104M | $25,974 |
| Taxable Social Security benefits | 3,100 | 17.8% | $56.47M | $18,216 |
| Itemized deductions | 1,210 | 7.0% | $53.52M | $44,229 |
| Earned income tax credit | 2,350 | 13.5% | $6.34M | $2,698 |
| Refundable child tax credit | 1,680 | 9.7% | $3.5M | $2,082 |
| Income tax after credits | 12,360 | 71.2% | $167M | $13,551 |
| Refunds | 12,010 | 69.1% | $36.61M | $3,049 |
Frequently asked questions
- What is the average income in ZIP code 48124?
- For tax year 2022, the average adjusted gross income on the 17,370 individual tax returns filed in 48124 was $79,321, compared with $79,093 for Michigan.
- How many people in 48124 get the earned income tax credit?
- 2,350 returns in 48124 (13.5%) 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