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ZIP Code 59873 Income and Tax Statistics
Thompson Falls, MT. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,680
- 3,250 people on returns
- Average adjusted gross income
- $66,448
- Montana $83,708
- Average salaries and wages
- $49,033
- Returns with wages
- Average income tax
- $9,214
- Montana $14,061
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99953031.5%
- $25,000 to $49,99939023.2%
- $50,000 to $74,99925014.9%
- $75,000 to $99,99919011.3%
- $100,000 to $199,99924014.3%
- $200,000 or more804.8%
Income, credits and taxes in 59873
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 | 1,110 | 66.1% | $54.43M | $49,033 |
| Business or professional income | 290 | 17.3% | $4.18M | $14,407 |
| Net capital gains | 340 | 20.2% | $9.95M | $29,276 |
| Taxable pensions and annuities | 530 | 31.5% | $16.93M | $31,940 |
| Taxable Social Security benefits | 500 | 29.8% | $8.06M | $16,114 |
| Itemized deductions | 120 | 7.1% | $3.48M | $28,992 |
| Earned income tax credit | 250 | 14.9% | $565K | $2,260 |
| Refundable child tax credit | 180 | 10.7% | $328K | $1,822 |
| Income tax after credits | 1,140 | 67.9% | $10.5M | $9,214 |
| Refunds | 1,000 | 59.5% | $2.68M | $2,684 |
Frequently asked questions
- What is the average income in ZIP code 59873?
- For tax year 2022, the average adjusted gross income on the 1,680 individual tax returns filed in 59873 was $66,448, compared with $83,708 for Montana.
- How many people in 59873 get the earned income tax credit?
- 250 returns in 59873 (14.9%) 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