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ZIP Code 68940 Income and Tax Statistics
Funk, NE. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 180
- 380 people on returns
- Average adjusted gross income
- $83,894
- Nebraska $86,345
- Average salaries and wages
- $51,015
- Returns with wages
- Average income tax
- $8,586
- Nebraska $14,189
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9994022.2%
- $25,000 to $49,9994022.2%
- $50,000 to $74,9993016.7%
- $75,000 to $99,9992011.1%
- $100,000 to $199,9995027.8%
- $200,000 or more00.0%
Income, credits and taxes in 68940
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 | 130 | 72.2% | $6.63M | $51,015 |
| Business or professional income | 40 | 22.2% | $136K | $3,400 |
| Net capital gains | 60 | 33.3% | $551K | $9,183 |
| Taxable pensions and annuities | 30 | 16.7% | $507K | $16,900 |
| Taxable Social Security benefits | 40 | 22.2% | $759K | $18,975 |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 0 | 0.0% | $0 | Not shown |
| Refundable child tax credit | 0 | 0.0% | $0 | Not shown |
| Income tax after credits | 140 | 77.8% | $1.2M | $8,586 |
| Refunds | 90 | 50.0% | $241K | $2,678 |
Frequently asked questions
- What is the average income in ZIP code 68940?
- For tax year 2022, the average adjusted gross income on the 180 individual tax returns filed in 68940 was $83,894, compared with $86,345 for Nebraska.
- 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