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ZIP Code 62272 Income and Tax Statistics
Percy, IL. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 640
- 1,220 people on returns
- Average adjusted gross income
- $57,820
- Illinois $96,774
- Average salaries and wages
- $47,798
- Returns with wages
- Average income tax
- $6,643
- Illinois $18,834
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99919029.7%
- $25,000 to $49,99917026.6%
- $50,000 to $74,99913020.3%
- $75,000 to $99,999609.4%
- $100,000 to $199,9999014.1%
- $200,000 or more00.0%
Income, credits and taxes in 62272
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 | 530 | 82.8% | $25.33M | $47,798 |
| Business or professional income | 50 | 7.8% | $220K | $4,400 |
| Net capital gains | 90 | 14.1% | $580K | $6,444 |
| Taxable pensions and annuities | 190 | 29.7% | $4.03M | $21,200 |
| Taxable Social Security benefits | 140 | 21.9% | $2.06M | $14,707 |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 80 | 12.5% | $168K | $2,100 |
| Refundable child tax credit | 80 | 12.5% | $166K | $2,075 |
| Income tax after credits | 440 | 68.8% | $2.92M | $6,643 |
| Refunds | 500 | 78.1% | $1.33M | $2,658 |
Frequently asked questions
- What is the average income in ZIP code 62272?
- For tax year 2022, the average adjusted gross income on the 640 individual tax returns filed in 62272 was $57,820, compared with $96,774 for Illinois.
- How many people in 62272 get the earned income tax credit?
- 80 returns in 62272 (12.5%) 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