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ZIP Code 49318 Income and Tax Statistics

Casnovia, MI. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
720
1,470 people on returns
Average adjusted gross income
$64,815
Michigan $79,093
Average salaries and wages
$56,893
Returns with wages
Average income tax
$8,672
Michigan $13,917

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99919026.4%
  • $25,000 to $49,99919026.4%
  • $50,000 to $74,99912016.7%
  • $75,000 to $99,9999012.5%
  • $100,000 to $199,99911015.3%
  • $200,000 or more202.8%

Income, credits and taxes in 49318

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 wages60083.3%$34.14M$56,893
Business or professional income9012.5%$875K$9,722
Net capital gains10013.9%$505K$5,050
Taxable pensions and annuities14019.4%$2.12M$15,164
Taxable Social Security benefits12016.7%$1.75M$14,608
Itemized deductions00.0%$0Not shown
Earned income tax credit10013.9%$260K$2,600
Refundable child tax credit11015.3%$196K$1,782
Income tax after credits47065.3%$4.08M$8,672
Refunds53073.6%$1.47M$2,768

Frequently asked questions

What is the average income in ZIP code 49318?
For tax year 2022, the average adjusted gross income on the 720 individual tax returns filed in 49318 was $64,815, compared with $79,093 for Michigan.
How many people in 49318 get the earned income tax credit?
100 returns in 49318 (13.9%) 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