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ZIP Code 49042 Income and Tax Statistics
Constantine, MI. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 2,130
- 4,120 people on returns
- Average adjusted gross income
- $61,982
- Michigan $79,093
- Average salaries and wages
- $56,597
- Returns with wages
- Average income tax
- $7,889
- Michigan $13,917
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99961028.6%
- $25,000 to $49,99951023.9%
- $50,000 to $74,99940018.8%
- $75,000 to $99,99926012.2%
- $100,000 to $199,99931014.6%
- $200,000 or more401.9%
Income, credits and taxes in 49042
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 | 1,740 | 81.7% | $98.48M | $56,597 |
| Business or professional income | 280 | 13.1% | $2.79M | $9,964 |
| Net capital gains | 230 | 10.8% | $2.95M | $12,822 |
| Taxable pensions and annuities | 390 | 18.3% | $6.47M | $16,582 |
| Taxable Social Security benefits | 360 | 16.9% | $5.18M | $14,389 |
| Itemized deductions | 40 | 1.9% | $1.43M | $35,625 |
| Earned income tax credit | 310 | 14.6% | $771K | $2,487 |
| Refundable child tax credit | 240 | 11.3% | $462K | $1,925 |
| Income tax after credits | 1,490 | 70.0% | $11.75M | $7,889 |
| Refunds | 1,630 | 76.5% | $4.26M | $2,614 |
Frequently asked questions
- What is the average income in ZIP code 49042?
- For tax year 2022, the average adjusted gross income on the 2,130 individual tax returns filed in 49042 was $61,982, compared with $79,093 for Michigan.
- How many people in 49042 get the earned income tax credit?
- 310 returns in 49042 (14.6%) 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