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ZIP Code 70552 Income and Tax Statistics
Loreauville, LA. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 730
- 1,430 people on returns
- Average adjusted gross income
- $63,034
- Louisiana $73,375
- Average salaries and wages
- $52,210
- Returns with wages
- Average income tax
- $7,200
- Louisiana $13,724
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99926035.6%
- $25,000 to $49,99918024.7%
- $50,000 to $74,99910013.7%
- $75,000 to $99,999608.2%
- $100,000 to $199,99910013.7%
- $200,000 or more304.1%
Income, credits and taxes in 70552
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 | 600 | 82.2% | $31.33M | $52,210 |
| Business or professional income | 150 | 20.5% | $469K | $3,127 |
| Net capital gains | 90 | 12.3% | $1.21M | $13,422 |
| Taxable pensions and annuities | 130 | 17.8% | $2.88M | $22,169 |
| Taxable Social Security benefits | 100 | 13.7% | $1.33M | $13,300 |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 170 | 23.3% | $501K | $2,947 |
| Refundable child tax credit | 120 | 16.4% | $211K | $1,758 |
| Income tax after credits | 470 | 64.4% | $3.38M | $7,200 |
| Refunds | 550 | 75.3% | $1.69M | $3,080 |
Frequently asked questions
- What is the average income in ZIP code 70552?
- For tax year 2022, the average adjusted gross income on the 730 individual tax returns filed in 70552 was $63,034, compared with $73,375 for Louisiana.
- How many people in 70552 get the earned income tax credit?
- 170 returns in 70552 (23.3%) 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