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ZIP Code 63701 Income and Tax Statistics
Cape Girardeau, MO. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 16,370
- 29,860 people on returns
- Average adjusted gross income
- $86,585
- Missouri $79,806
- Average salaries and wages
- $63,914
- Returns with wages
- Average income tax
- $15,776
- Missouri $13,613
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9994,82029.4%
- $25,000 to $49,9994,14025.3%
- $50,000 to $74,9992,25013.7%
- $75,000 to $99,9991,6209.9%
- $100,000 to $199,9992,45015.0%
- $200,000 or more1,0906.7%
Income, credits and taxes in 63701
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 | 13,290 | 81.2% | $849M | $63,914 |
| Business or professional income | 2,700 | 16.5% | $59.42M | $22,008 |
| Net capital gains | 3,510 | 21.4% | $78.9M | $22,480 |
| Taxable pensions and annuities | 3,390 | 20.7% | $93.44M | $27,565 |
| Taxable Social Security benefits | 3,140 | 19.2% | $54.8M | $17,452 |
| Itemized deductions | 1,110 | 6.8% | $43.87M | $39,520 |
| Earned income tax credit | 2,460 | 15.0% | $6.05M | $2,458 |
| Refundable child tax credit | 1,810 | 11.1% | $3.43M | $1,893 |
| Income tax after credits | 11,720 | 71.6% | $185M | $15,776 |
| Refunds | 11,480 | 70.1% | $35.01M | $3,049 |
Frequently asked questions
- What is the average income in ZIP code 63701?
- For tax year 2022, the average adjusted gross income on the 16,370 individual tax returns filed in 63701 was $86,585, compared with $79,806 for Missouri.
- How many people in 63701 get the earned income tax credit?
- 2,460 returns in 63701 (15.0%) 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