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ZIP Code 65542 Income and Tax Statistics

Licking, MO. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
2,030
4,340 people on returns
Average adjusted gross income
$47,779
Missouri $79,806
Average salaries and wages
$43,323
Returns with wages
Average income tax
$5,557
Missouri $13,613

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99975036.9%
  • $25,000 to $49,99959029.1%
  • $50,000 to $74,99930014.8%
  • $75,000 to $99,9991808.9%
  • $100,000 to $199,9991708.4%
  • $200,000 or more402.0%

Income, credits and taxes in 65542

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 wages1,53075.4%$66.28M$43,323
Business or professional income39019.2%$4.38M$11,226
Net capital gains24011.8%$3.87M$16,138
Taxable pensions and annuities57028.1%$15.29M$26,828
Taxable Social Security benefits37018.2%$4.3M$11,632
Itemized deductions402.0%$1.25M$31,325
Earned income tax credit49024.1%$1.23M$2,502
Refundable child tax credit34016.7%$752K$2,212
Income tax after credits1,21059.6%$6.72M$5,557
Refunds1,48072.9%$4.44M$2,997

Frequently asked questions

What is the average income in ZIP code 65542?
For tax year 2022, the average adjusted gross income on the 2,030 individual tax returns filed in 65542 was $47,779, compared with $79,806 for Missouri.
How many people in 65542 get the earned income tax credit?
490 returns in 65542 (24.1%) 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