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ZIP Code 62858 Income and Tax Statistics

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

Tax returns
1,350
2,520 people on returns
Average adjusted gross income
$65,575
Illinois $96,774
Average salaries and wages
$50,359
Returns with wages
Average income tax
$8,671
Illinois $18,834

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99940029.6%
  • $25,000 to $49,99933024.4%
  • $50,000 to $74,99922016.3%
  • $75,000 to $99,99915011.1%
  • $100,000 to $199,99920014.8%
  • $200,000 or more503.7%

Income, credits and taxes in 62858

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 wages1,11082.2%$55.9M$50,359
Business or professional income19014.1%$1.99M$10,458
Net capital gains28020.7%$3.09M$11,018
Taxable pensions and annuities31023.0%$7.87M$25,394
Taxable Social Security benefits26019.3%$3.86M$14,850
Itemized deductions403.0%$1.39M$34,625
Earned income tax credit21015.6%$496K$2,362
Refundable child tax credit16011.9%$284K$1,775
Income tax after credits93068.9%$8.06M$8,671
Refunds93068.9%$2.66M$2,863

Frequently asked questions

What is the average income in ZIP code 62858?
For tax year 2022, the average adjusted gross income on the 1,350 individual tax returns filed in 62858 was $65,575, compared with $96,774 for Illinois.
How many people in 62858 get the earned income tax credit?
210 returns in 62858 (15.6%) 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