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ZIP Code 89408 Income and Tax Statistics
Fernley, NV. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 11,160
- 21,640 people on returns
- Average adjusted gross income
- $70,155
- Nevada $94,595
- Average salaries and wages
- $63,633
- Returns with wages
- Average income tax
- $8,564
- Nevada $18,062
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9992,36021.1%
- $25,000 to $49,9992,69024.1%
- $50,000 to $74,9992,20019.7%
- $75,000 to $99,9991,49013.4%
- $100,000 to $199,9992,11018.9%
- $200,000 or more3102.8%
Income, credits and taxes in 89408
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 | 9,460 | 84.8% | $602M | $63,633 |
| Business or professional income | 1,160 | 10.4% | $12.31M | $10,609 |
| Net capital gains | 1,460 | 13.1% | $22.64M | $15,508 |
| Taxable pensions and annuities | 2,480 | 22.2% | $69.36M | $27,967 |
| Taxable Social Security benefits | 1,750 | 15.7% | $26.46M | $15,119 |
| Itemized deductions | 600 | 5.4% | $21.48M | $35,803 |
| Earned income tax credit | 1,460 | 13.1% | $3.35M | $2,293 |
| Refundable child tax credit | 1,210 | 10.8% | $2.35M | $1,942 |
| Income tax after credits | 8,590 | 77.0% | $73.57M | $8,564 |
| Refunds | 8,210 | 73.6% | $22.24M | $2,709 |
Frequently asked questions
- What is the average income in ZIP code 89408?
- For tax year 2022, the average adjusted gross income on the 11,160 individual tax returns filed in 89408 was $70,155, compared with $94,595 for Nevada.
- How many people in 89408 get the earned income tax credit?
- 1,460 returns in 89408 (13.1%) 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