Checked
ZIP Code 90262 Income and Tax Statistics
Lynwood, CA. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 28,400
- 55,900 people on returns
- Average adjusted gross income
- $44,877
- California $110,196
- Average salaries and wages
- $46,179
- Returns with wages
- Average income tax
- $4,525
- California $22,930
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9999,20032.4%
- $25,000 to $49,9999,92034.9%
- $50,000 to $74,9995,02017.7%
- $75,000 to $99,9992,2007.7%
- $100,000 to $199,9991,9106.7%
- $200,000 or more1500.5%
Income, credits and taxes in 90262
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 | 24,600 | 86.6% | $1.14B | $46,179 |
| Business or professional income | 5,960 | 21.0% | $47.93M | $8,041 |
| Net capital gains | 1,150 | 4.0% | $5.4M | $4,698 |
| Taxable pensions and annuities | 2,080 | 7.3% | $42.53M | $20,446 |
| Taxable Social Security benefits | 1,340 | 4.7% | $15.06M | $11,239 |
| Itemized deductions | 2,250 | 7.9% | $61.3M | $27,244 |
| Earned income tax credit | 6,790 | 23.9% | $17.81M | $2,622 |
| Refundable child tax credit | 5,830 | 20.5% | $10.52M | $1,805 |
| Income tax after credits | 18,120 | 63.8% | $82M | $4,525 |
| Refunds | 21,110 | 74.3% | $56.6M | $2,681 |
Frequently asked questions
- What is the average income in ZIP code 90262?
- For tax year 2022, the average adjusted gross income on the 28,400 individual tax returns filed in 90262 was $44,877, compared with $110,196 for California.
- How many people in 90262 get the earned income tax credit?
- 6,790 returns in 90262 (23.9%) 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