Checked
ZIP Code 54947 Income and Tax Statistics
Winchester, WI. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,410
- 2,580 people on returns
- Average adjusted gross income
- $85,174
- Wisconsin $83,505
- Average salaries and wages
- $72,702
- Returns with wages
- Average income tax
- $12,248
- Wisconsin $13,409
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99933023.4%
- $25,000 to $49,99926018.4%
- $50,000 to $74,99924017.0%
- $75,000 to $99,99917012.1%
- $100,000 to $199,99932022.7%
- $200,000 or more906.4%
Income, credits and taxes in 54947
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 | 1,090 | 77.3% | $79.25M | $72,702 |
| Business or professional income | 210 | 14.9% | $2.55M | $12,162 |
| Net capital gains | 360 | 25.5% | $4.14M | $11,503 |
| Taxable pensions and annuities | 360 | 25.5% | $7.98M | $22,167 |
| Taxable Social Security benefits | 320 | 22.7% | $5.43M | $16,953 |
| Itemized deductions | 70 | 5.0% | $2.18M | $31,157 |
| Earned income tax credit | 90 | 6.4% | $146K | $1,622 |
| Refundable child tax credit | 60 | 4.3% | $105K | $1,750 |
| Income tax after credits | 1,110 | 78.7% | $13.6M | $12,248 |
| Refunds | 930 | 66.0% | $2.38M | $2,555 |
Frequently asked questions
- What is the average income in ZIP code 54947?
- For tax year 2022, the average adjusted gross income on the 1,410 individual tax returns filed in 54947 was $85,174, compared with $83,505 for Wisconsin.
- How many people in 54947 get the earned income tax credit?
- 90 returns in 54947 (6.4%) 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