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ZIP Code 54003 Income and Tax Statistics
Ellsworth, WI. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 560
- 1,030 people on returns
- Average adjusted gross income
- $84,284
- Wisconsin $83,505
- Average salaries and wages
- $75,840
- Returns with wages
- Average income tax
- $11,040
- Wisconsin $13,409
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99912021.4%
- $25,000 to $49,99910017.9%
- $50,000 to $74,99910017.9%
- $75,000 to $99,9996010.7%
- $100,000 to $199,99914025.0%
- $200,000 or more407.1%
Income, credits and taxes in 54003
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 | 450 | 80.4% | $34.13M | $75,840 |
| Business or professional income | 70 | 12.5% | $1.11M | $15,900 |
| Net capital gains | 110 | 19.6% | $854K | $7,764 |
| Taxable pensions and annuities | 130 | 23.2% | $3.32M | $25,523 |
| Taxable Social Security benefits | 110 | 19.6% | $2.1M | $19,073 |
| Itemized deductions | 40 | 7.1% | $1.01M | $25,275 |
| Earned income tax credit | 30 | 5.4% | $53K | $1,767 |
| Refundable child tax credit | 0 | 0.0% | $0 | Not shown |
| Income tax after credits | 450 | 80.4% | $4.97M | $11,040 |
| Refunds | 360 | 64.3% | $966K | $2,683 |
Frequently asked questions
- What is the average income in ZIP code 54003?
- For tax year 2022, the average adjusted gross income on the 560 individual tax returns filed in 54003 was $84,284, compared with $83,505 for Wisconsin.
- How many people in 54003 get the earned income tax credit?
- 30 returns in 54003 (5.4%) 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