Checked
ZIP Code 96055 Income and Tax Statistics
Los Molinos, CA. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,570
- 3,100 people on returns
- Average adjusted gross income
- $60,544
- California $110,196
- Average salaries and wages
- $56,484
- Returns with wages
- Average income tax
- $7,402
- California $22,930
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99945028.7%
- $25,000 to $49,99941026.1%
- $50,000 to $74,99926016.6%
- $75,000 to $99,99919012.1%
- $100,000 to $199,99921013.4%
- $200,000 or more503.2%
Income, credits and taxes in 96055
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 | 1,220 | 77.7% | $68.91M | $56,484 |
| Business or professional income | 210 | 13.4% | $2.78M | $13,243 |
| Net capital gains | 190 | 12.1% | $1.22M | $6,400 |
| Taxable pensions and annuities | 320 | 20.4% | $9.61M | $30,038 |
| Taxable Social Security benefits | 300 | 19.1% | $4.37M | $14,570 |
| Itemized deductions | 90 | 5.7% | $2.41M | $26,822 |
| Earned income tax credit | 280 | 17.8% | $644K | $2,300 |
| Refundable child tax credit | 210 | 13.4% | $410K | $1,952 |
| Income tax after credits | 1,080 | 68.8% | $7.99M | $7,402 |
| Refunds | 1,080 | 68.8% | $3.05M | $2,823 |
Frequently asked questions
- What is the average income in ZIP code 96055?
- For tax year 2022, the average adjusted gross income on the 1,570 individual tax returns filed in 96055 was $60,544, compared with $110,196 for California.
- How many people in 96055 get the earned income tax credit?
- 280 returns in 96055 (17.8%) 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