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ZIP Code 72041 Income and Tax Statistics
De Valls Bluff, AR. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 470
- 900 people on returns
- Average adjusted gross income
- $59,528
- Arkansas $75,282
- Average salaries and wages
- $48,953
- Returns with wages
- Average income tax
- $8,413
- Arkansas $12,815
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99914029.8%
- $25,000 to $49,99916034.0%
- $50,000 to $74,9997014.9%
- $75,000 to $99,999306.4%
- $100,000 to $199,9997014.9%
- $200,000 or more00.0%
Income, credits and taxes in 72041
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 | 380 | 80.9% | $18.6M | $48,953 |
| Business or professional income | 70 | 14.9% | $178K | $2,543 |
| Net capital gains | 40 | 8.5% | $878K | $21,950 |
| Taxable pensions and annuities | 100 | 21.3% | $1.82M | $18,230 |
| Taxable Social Security benefits | 80 | 17.0% | $1.13M | $14,138 |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 110 | 23.4% | $278K | $2,527 |
| Refundable child tax credit | 80 | 17.0% | $126K | $1,575 |
| Income tax after credits | 300 | 63.8% | $2.52M | $8,413 |
| Refunds | 340 | 72.3% | $890K | $2,618 |
Frequently asked questions
- What is the average income in ZIP code 72041?
- For tax year 2022, the average adjusted gross income on the 470 individual tax returns filed in 72041 was $59,528, compared with $75,282 for Arkansas.
- How many people in 72041 get the earned income tax credit?
- 110 returns in 72041 (23.4%) 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