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ZIP Code 61418 Income and Tax Statistics

Biggsville, IL. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
290
540 people on returns
Average adjusted gross income
$80,528
Illinois $96,774
Average salaries and wages
$50,442
Returns with wages
Average income tax
$10,324
Illinois $18,834

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9997024.1%
  • $25,000 to $49,9998027.6%
  • $50,000 to $74,9995017.2%
  • $75,000 to $99,9993010.3%
  • $100,000 to $199,9996020.7%
  • $200,000 or more00.0%

Income, credits and taxes in 61418

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 wages24082.8%$12.11M$50,442
Business or professional income3010.3%$86K$2,867
Net capital gains4013.8%$644K$16,100
Taxable pensions and annuities7024.1%$1.56M$22,329
Taxable Social Security benefits7024.1%$1.02M$14,529
Itemized deductions00.0%$0Not shown
Earned income tax credit3010.3%$61K$2,033
Refundable child tax credit3010.3%$46K$1,533
Income tax after credits21072.4%$2.17M$10,324
Refunds21072.4%$435K$2,071

Frequently asked questions

What is the average income in ZIP code 61418?
For tax year 2022, the average adjusted gross income on the 290 individual tax returns filed in 61418 was $80,528, compared with $96,774 for Illinois.
How many people in 61418 get the earned income tax credit?
30 returns in 61418 (10.3%) 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