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ZIP Code 54729 Income and Tax Statistics

Chippewa Falls, WI. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
17,390
31,280 people on returns
Average adjusted gross income
$75,939
Wisconsin $83,505
Average salaries and wages
$62,998
Returns with wages
Average income tax
$10,540
Wisconsin $13,409

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9994,35025.0%
  • $25,000 to $49,9994,12023.7%
  • $50,000 to $74,9992,91016.7%
  • $75,000 to $99,9992,01011.6%
  • $100,000 to $199,9993,22018.5%
  • $200,000 or more7804.5%

Income, credits and taxes in 54729

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 wages14,10081.1%$888M$62,998
Business or professional income2,14012.3%$35.95M$16,799
Net capital gains3,71021.3%$66.41M$17,899
Taxable pensions and annuities3,88022.3%$93.49M$24,095
Taxable Social Security benefits3,51020.2%$58.92M$16,786
Itemized deductions7904.5%$27.29M$34,543
Earned income tax credit1,6509.5%$3.32M$2,014
Refundable child tax credit1,1506.6%$2.17M$1,890
Income tax after credits13,35076.8%$141M$10,540
Refunds12,22070.3%$31.45M$2,574

Frequently asked questions

What is the average income in ZIP code 54729?
For tax year 2022, the average adjusted gross income on the 17,390 individual tax returns filed in 54729 was $75,939, compared with $83,505 for Wisconsin.
How many people in 54729 get the earned income tax credit?
1,650 returns in 54729 (9.5%) 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