Checked
ZIP Code 97481 Income and Tax Statistics
Lookingglass, OR. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 300
- 600 people on returns
- Average adjusted gross income
- $53,180
- Oregon $87,510
- Average salaries and wages
- $46,896
- Returns with wages
- Average income tax
- $5,662
- Oregon $14,428
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99910033.3%
- $25,000 to $49,9999030.0%
- $50,000 to $74,9993010.0%
- $75,000 to $99,9994013.3%
- $100,000 to $199,9994013.3%
- $200,000 or more00.0%
Income, credits and taxes in 97481
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 | 240 | 80.0% | $11.26M | $46,896 |
| Business or professional income | 40 | 13.3% | $136K | $3,400 |
| Net capital gains | 40 | 13.3% | $707K | $17,675 |
| Taxable pensions and annuities | 100 | 33.3% | $1.84M | $18,400 |
| Taxable Social Security benefits | 70 | 23.3% | $1.06M | $15,086 |
| Itemized deductions | 0 | 0.0% | $0 | Not shown |
| Earned income tax credit | 50 | 16.7% | $100K | $2,000 |
| Refundable child tax credit | 30 | 10.0% | $56K | $1,867 |
| Income tax after credits | 210 | 70.0% | $1.19M | $5,662 |
| Refunds | 210 | 70.0% | $477K | $2,271 |
Frequently asked questions
- What is the average income in ZIP code 97481?
- For tax year 2022, the average adjusted gross income on the 300 individual tax returns filed in 97481 was $53,180, compared with $87,510 for Oregon.
- How many people in 97481 get the earned income tax credit?
- 50 returns in 97481 (16.7%) 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