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ZIP Code 88101 Income and Tax Statistics

Clovis, NM. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
19,160
37,830 people on returns
Average adjusted gross income
$54,424
New Mexico $67,703
Average salaries and wages
$46,952
Returns with wages
Average income tax
$6,984
New Mexico $11,200

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9996,22032.5%
  • $25,000 to $49,9995,94031.0%
  • $50,000 to $74,9993,06016.0%
  • $75,000 to $99,9991,6008.4%
  • $100,000 to $199,9991,94010.1%
  • $200,000 or more4002.1%

Income, credits and taxes in 88101

Returns that reported each item, the total amount and the average for those returns

Swipe the table sideways to see more columns.

ItemReturnsShare of returnsTotalAverage
Salaries and wages16,72087.3%$785M$46,952
Business or professional income2,01010.5%$18.88M$9,395
Net capital gains2,13011.1%$42.55M$19,974
Taxable pensions and annuities3,05015.9%$83.39M$27,340
Taxable Social Security benefits2,17011.3%$32.99M$15,204
Itemized deductions5602.9%$20.93M$37,366
Earned income tax credit4,25022.2%$11.62M$2,733
Refundable child tax credit3,64019.0%$7.11M$1,954
Income tax after credits12,42064.8%$86.74M$6,984
Refunds15,02078.4%$43.35M$2,886

Frequently asked questions

What is the average income in ZIP code 88101?
For tax year 2022, the average adjusted gross income on the 19,160 individual tax returns filed in 88101 was $54,424, compared with $67,703 for New Mexico.
How many people in 88101 get the earned income tax credit?
4,250 returns in 88101 (22.2%) 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