What is the average income in ZIP code 50122?

For tax year 2022, the average adjusted gross income on the 600 individual tax returns filed in 50122 was $85,820, compared with $83,195 for Iowa.

How many people in 50122 get the earned income tax credit?

40 returns in 50122 (6.7%) 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 50122 Income and Tax Statistics

Hubbard, IA. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns: 600; 1,210 people on returns
Average adjusted gross income: $85,820; Iowa $83,195
Average salaries and wages: $59,515; Returns with wages
Average income tax: $9,680; Iowa $12,679

Returns by adjusted gross income

Returns with negative income are not included

$1 to $24,99911018.3%
$25,000 to $49,99915025.0%
$50,000 to $74,9999015.0%
$75,000 to $99,9998013.3%
$100,000 to $199,99913021.7%
$200,000 or more406.7%

Income, credits and taxes in 50122

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	480	80.0%	$28.57M	$59,515
Business or professional income	110	18.3%	$1.9M	$17,291
Net capital gains	160	26.7%	$2M	$12,506
Taxable pensions and annuities	130	21.7%	$2.28M	$17,546
Taxable Social Security benefits	140	23.3%	$2.45M	$17,507
Itemized deductions	30	5.0%	$862K	$28,733
Earned income tax credit	40	6.7%	$94K	$2,350
Refundable child tax credit	40	6.7%	$78K	$1,950
Income tax after credits	450	75.0%	$4.36M	$9,680
Refunds	370	61.7%	$977K	$2,641

Frequently asked questions

What is the average income in ZIP code 50122?: For tax year 2022, the average adjusted gross income on the 600 individual tax returns filed in 50122 was $85,820, compared with $83,195 for Iowa.
How many people in 50122 get the earned income tax credit?: 40 returns in 50122 (6.7%) 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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