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ZIP Code 56359 Income and Tax Statistics
Onamia, MN. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,520
- 2,820 people on returns
- Average adjusted gross income
- $56,690
- Minnesota $93,226
- Average salaries and wages
- $48,422
- Returns with wages
- Average income tax
- $7,679
- Minnesota $16,030
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99948031.6%
- $25,000 to $49,99943028.3%
- $50,000 to $74,99924015.8%
- $75,000 to $99,9991509.9%
- $100,000 to $199,99918011.8%
- $200,000 or more402.6%
Income, credits and taxes in 56359
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 | 1,160 | 76.3% | $56.17M | $48,422 |
| Business or professional income | 170 | 11.2% | $2.03M | $11,929 |
| Net capital gains | 180 | 11.8% | $3.2M | $17,761 |
| Taxable pensions and annuities | 310 | 20.4% | $8.06M | $26,000 |
| Taxable Social Security benefits | 310 | 20.4% | $4.71M | $15,181 |
| Itemized deductions | 60 | 3.9% | $1.98M | $33,000 |
| Earned income tax credit | 280 | 18.4% | $616K | $2,200 |
| Refundable child tax credit | 220 | 14.5% | $409K | $1,859 |
| Income tax after credits | 990 | 65.1% | $7.6M | $7,679 |
| Refunds | 1,070 | 70.4% | $2.87M | $2,682 |
Frequently asked questions
- What is the average income in ZIP code 56359?
- For tax year 2022, the average adjusted gross income on the 1,520 individual tax returns filed in 56359 was $56,690, compared with $93,226 for Minnesota.
- How many people in 56359 get the earned income tax credit?
- 280 returns in 56359 (18.4%) 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