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ZIP Code 71245 Income and Tax Statistics
Grambling, LA. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,010
- 1,770 people on returns
- Average adjusted gross income
- $38,384
- Louisiana $73,375
- Average salaries and wages
- $32,707
- Returns with wages
- Average income tax
- $4,815
- Louisiana $13,724
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99949048.5%
- $25,000 to $49,99925024.8%
- $50,000 to $74,99913012.9%
- $75,000 to $99,999807.9%
- $100,000 to $199,999605.9%
- $200,000 or more00.0%
Income, credits and taxes in 71245
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 | 840 | 83.2% | $27.47M | $32,707 |
| Business or professional income | 240 | 23.8% | -$838K | -$3,492 |
| Net capital gains | 30 | 3.0% | $45K | $1,500 |
| Taxable pensions and annuities | 250 | 24.8% | $9.16M | $36,624 |
| Taxable Social Security benefits | 130 | 12.9% | $1.27M | $9,777 |
| Itemized deductions | 70 | 6.9% | $1.97M | $28,129 |
| Earned income tax credit | 390 | 38.6% | $1.14M | $2,933 |
| Refundable child tax credit | 240 | 23.8% | $419K | $1,746 |
| Income tax after credits | 530 | 52.5% | $2.55M | $4,815 |
| Refunds | 840 | 83.2% | $2.8M | $3,327 |
Frequently asked questions
- What is the average income in ZIP code 71245?
- For tax year 2022, the average adjusted gross income on the 1,010 individual tax returns filed in 71245 was $38,384, compared with $73,375 for Louisiana.
- How many people in 71245 get the earned income tax credit?
- 390 returns in 71245 (38.6%) 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