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ZIP Code 51232 Income and Tax Statistics

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

Tax returns
370
720 people on returns
Average adjusted gross income
$69,297
Iowa $83,195
Average salaries and wages
$52,194
Returns with wages
Average income tax
$6,911
Iowa $12,679

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9998021.6%
  • $25,000 to $49,9999024.3%
  • $50,000 to $74,9996016.2%
  • $75,000 to $99,9996016.2%
  • $100,000 to $199,9998021.6%
  • $200,000 or more00.0%

Income, credits and taxes in 51232

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 wages33089.2%$17.22M$52,194
Business or professional income5013.5%$219K$4,380
Net capital gains8021.6%$734K$9,175
Taxable pensions and annuities5013.5%$532K$10,640
Taxable Social Security benefits7018.9%$1.04M$14,886
Itemized deductions00.0%$0Not shown
Earned income tax credit6016.2%$129K$2,150
Refundable child tax credit4010.8%$80K$2,000
Income tax after credits27073.0%$1.87M$6,911
Refunds25067.6%$629K$2,516

Frequently asked questions

What is the average income in ZIP code 51232?
For tax year 2022, the average adjusted gross income on the 370 individual tax returns filed in 51232 was $69,297, compared with $83,195 for Iowa.
How many people in 51232 get the earned income tax credit?
60 returns in 51232 (16.2%) 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