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ZIP Code 81063 Income and Tax Statistics
Ordway, CO. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 670
- 1,310 people on returns
- Average adjusted gross income
- $50,894
- Colorado $102,434
- Average salaries and wages
- $42,647
- Returns with wages
- Average income tax
- $6,354
- Colorado $18,761
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99924035.8%
- $25,000 to $49,99920029.9%
- $50,000 to $74,99911016.4%
- $75,000 to $99,999507.5%
- $100,000 to $199,999507.5%
- $200,000 or more203.0%
Income, credits and taxes in 81063
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 | 550 | 82.1% | $23.46M | $42,647 |
| Business or professional income | 100 | 14.9% | $625K | $6,250 |
| Net capital gains | 70 | 10.4% | $1.25M | $17,814 |
| Taxable pensions and annuities | 120 | 17.9% | $3.34M | $27,858 |
| Taxable Social Security benefits | 90 | 13.4% | $1.25M | $13,867 |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 150 | 22.4% | $367K | $2,447 |
| Refundable child tax credit | 120 | 17.9% | $211K | $1,758 |
| Income tax after credits | 410 | 61.2% | $2.61M | $6,354 |
| Refunds | 470 | 70.1% | $1.29M | $2,749 |
Frequently asked questions
- What is the average income in ZIP code 81063?
- For tax year 2022, the average adjusted gross income on the 670 individual tax returns filed in 81063 was $50,894, compared with $102,434 for Colorado.
- How many people in 81063 get the earned income tax credit?
- 150 returns in 81063 (22.4%) 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