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ZIP Code 72125 Income and Tax Statistics
Oppelo, AR. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 340
- 680 people on returns
- Average adjusted gross income
- $51,182
- Arkansas $75,282
- Average salaries and wages
- $41,966
- Returns with wages
- Average income tax
- $7,335
- Arkansas $12,815
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99914041.2%
- $25,000 to $49,9999026.5%
- $50,000 to $74,9994011.8%
- $75,000 to $99,999308.8%
- $100,000 to $199,9994011.8%
- $200,000 or more00.0%
Income, credits and taxes in 72125
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 | 290 | 85.3% | $12.17M | $41,966 |
| Business or professional income | 60 | 17.6% | $254K | $4,233 |
| Net capital gains | 20 | 5.9% | -$1,000 | -$50 |
| Taxable pensions and annuities | 70 | 20.6% | $1.22M | $17,386 |
| Taxable Social Security benefits | 50 | 14.7% | $581K | $11,620 |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 90 | 26.5% | $219K | $2,433 |
| Refundable child tax credit | 60 | 17.6% | $104K | $1,733 |
| Income tax after credits | 200 | 58.8% | $1.47M | $7,335 |
| Refunds | 270 | 79.4% | $726K | $2,689 |
Frequently asked questions
- What is the average income in ZIP code 72125?
- For tax year 2022, the average adjusted gross income on the 340 individual tax returns filed in 72125 was $51,182, compared with $75,282 for Arkansas.
- How many people in 72125 get the earned income tax credit?
- 90 returns in 72125 (26.5%) 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