Checked
ZIP Code 90048 Income and Tax Statistics
Los Angeles, CA. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 11,910
- 16,660 people on returns
- Average adjusted gross income
- $184,393
- California $110,196
- Average salaries and wages
- $136,414
- Returns with wages
- Average income tax
- $44,519
- California $22,930
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9992,30019.3%
- $25,000 to $49,9991,77014.9%
- $50,000 to $74,9991,67014.0%
- $75,000 to $99,9991,30010.9%
- $100,000 to $199,9992,50021.0%
- $200,000 or more2,37019.9%
Income, credits and taxes in 90048
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 | 9,260 | 77.7% | $1.26B | $136,414 |
| Business or professional income | 3,650 | 30.6% | $92.71M | $25,401 |
| Net capital gains | 4,390 | 36.9% | $263M | $59,864 |
| Taxable pensions and annuities | 1,120 | 9.4% | $40.2M | $35,893 |
| Taxable Social Security benefits | 1,270 | 10.7% | $25.87M | $20,368 |
| Itemized deductions | 2,380 | 20.0% | $112M | $47,150 |
| Earned income tax credit | 760 | 6.4% | $809K | $1,064 |
| Refundable child tax credit | 230 | 1.9% | $423K | $1,839 |
| Income tax after credits | 10,020 | 84.1% | $446M | $44,519 |
| Refunds | 5,690 | 47.8% | $27.08M | $4,759 |
Frequently asked questions
- What is the average income in ZIP code 90048?
- For tax year 2022, the average adjusted gross income on the 11,910 individual tax returns filed in 90048 was $184,393, compared with $110,196 for California.
- How many people in 90048 get the earned income tax credit?
- 760 returns in 90048 (6.4%) 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