Checked
ZIP Code 52053 Income and Tax Statistics
Holy Cross, IA. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 510
- 1,000 people on returns
- Average adjusted gross income
- $70,829
- Iowa $83,195
- Average salaries and wages
- $62,274
- Returns with wages
- Average income tax
- $7,413
- Iowa $12,679
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99912023.5%
- $25,000 to $49,99911021.6%
- $50,000 to $74,99910019.6%
- $75,000 to $99,9996011.8%
- $100,000 to $199,99910019.6%
- $200,000 or more203.9%
Income, credits and taxes in 52053
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 | 420 | 82.4% | $26.16M | $62,274 |
| Business or professional income | 80 | 15.7% | $628K | $7,850 |
| Net capital gains | 150 | 29.4% | $2.74M | $18,247 |
| Taxable pensions and annuities | 110 | 21.6% | $1.74M | $15,818 |
| Taxable Social Security benefits | 120 | 23.5% | $1.71M | $14,217 |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 40 | 7.8% | $87K | $2,175 |
| Refundable child tax credit | 30 | 5.9% | $73K | $2,433 |
| Income tax after credits | 390 | 76.5% | $2.89M | $7,413 |
| Refunds | 350 | 68.6% | $1.04M | $2,966 |
Frequently asked questions
- What is the average income in ZIP code 52053?
- For tax year 2022, the average adjusted gross income on the 510 individual tax returns filed in 52053 was $70,829, compared with $83,195 for Iowa.
- How many people in 52053 get the earned income tax credit?
- 40 returns in 52053 (7.8%) 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