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ZIP Code 56672 Income and Tax Statistics
Remer, MN. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 890
- 1,650 people on returns
- Average adjusted gross income
- $65,190
- Minnesota $93,226
- Average salaries and wages
- $54,866
- Returns with wages
- Average income tax
- $8,494
- Minnesota $16,030
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99925028.1%
- $25,000 to $49,99923025.8%
- $50,000 to $74,99915016.9%
- $75,000 to $99,9999010.1%
- $100,000 to $199,99914015.7%
- $200,000 or more303.4%
Income, credits and taxes in 56672
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 | 610 | 68.5% | $33.47M | $54,866 |
| Business or professional income | 130 | 14.6% | $1.32M | $10,162 |
| Net capital gains | 180 | 20.2% | $2.29M | $12,694 |
| Taxable pensions and annuities | 280 | 31.5% | $7.26M | $25,943 |
| Taxable Social Security benefits | 260 | 29.2% | $4.48M | $17,215 |
| Itemized deductions | 50 | 5.6% | $1.41M | $28,220 |
| Earned income tax credit | 120 | 13.5% | $301K | $2,508 |
| Refundable child tax credit | 100 | 11.2% | $192K | $1,920 |
| Income tax after credits | 630 | 70.8% | $5.35M | $8,494 |
| Refunds | 590 | 66.3% | $2.01M | $3,410 |
Frequently asked questions
- What is the average income in ZIP code 56672?
- For tax year 2022, the average adjusted gross income on the 890 individual tax returns filed in 56672 was $65,190, compared with $93,226 for Minnesota.
- How many people in 56672 get the earned income tax credit?
- 120 returns in 56672 (13.5%) 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