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ZIP Code 72738 Income and Tax Statistics
Hindsville, AR. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,150
- 2,420 people on returns
- Average adjusted gross income
- $67,634
- Arkansas $75,282
- Average salaries and wages
- $62,182
- Returns with wages
- Average income tax
- $8,893
- Arkansas $12,815
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99933028.7%
- $25,000 to $49,99927023.5%
- $50,000 to $74,99919016.5%
- $75,000 to $99,99913011.3%
- $100,000 to $199,99918015.7%
- $200,000 or more504.3%
Income, credits and taxes in 72738
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 | 920 | 80.0% | $57.21M | $62,182 |
| Business or professional income | 270 | 23.5% | $3.43M | $12,711 |
| Net capital gains | 180 | 15.7% | $2.83M | $15,717 |
| Taxable pensions and annuities | 220 | 19.1% | $6.1M | $27,736 |
| Taxable Social Security benefits | 190 | 16.5% | $2.9M | $15,258 |
| Itemized deductions | 50 | 4.3% | $1.79M | $35,780 |
| Earned income tax credit | 190 | 16.5% | $490K | $2,579 |
| Refundable child tax credit | 150 | 13.0% | $285K | $1,900 |
| Income tax after credits | 810 | 70.4% | $7.2M | $8,893 |
| Refunds | 800 | 69.6% | $2.59M | $3,243 |
Frequently asked questions
- What is the average income in ZIP code 72738?
- For tax year 2022, the average adjusted gross income on the 1,150 individual tax returns filed in 72738 was $67,634, compared with $75,282 for Arkansas.
- How many people in 72738 get the earned income tax credit?
- 190 returns in 72738 (16.5%) 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