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ZIP Code 64089 Income and Tax Statistics
Smithville, MO. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 6,780
- 13,610 people on returns
- Average adjusted gross income
- $99,483
- Missouri $79,806
- Average salaries and wages
- $87,231
- Returns with wages
- Average income tax
- $15,499
- Missouri $13,613
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9991,47021.7%
- $25,000 to $49,9991,12016.5%
- $50,000 to $74,99994013.9%
- $75,000 to $99,99979011.7%
- $100,000 to $199,9991,87027.6%
- $200,000 or more5908.7%
Income, credits and taxes in 64089
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 | 5,560 | 82.0% | $485M | $87,231 |
| Business or professional income | 1,040 | 15.3% | $14.44M | $13,888 |
| Net capital gains | 1,410 | 20.8% | $27.73M | $19,665 |
| Taxable pensions and annuities | 1,630 | 24.0% | $49.05M | $30,093 |
| Taxable Social Security benefits | 1,280 | 18.9% | $23.27M | $18,180 |
| Itemized deductions | 640 | 9.4% | $19.99M | $31,231 |
| Earned income tax credit | 480 | 7.1% | $1.05M | $2,196 |
| Refundable child tax credit | 420 | 6.2% | $767K | $1,826 |
| Income tax after credits | 5,380 | 79.4% | $83.39M | $15,499 |
| Refunds | 4,470 | 65.9% | $13.82M | $3,091 |
Frequently asked questions
- What is the average income in ZIP code 64089?
- For tax year 2022, the average adjusted gross income on the 6,780 individual tax returns filed in 64089 was $99,483, compared with $79,806 for Missouri.
- How many people in 64089 get the earned income tax credit?
- 480 returns in 64089 (7.1%) 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