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ZIP Code 98342 Income and Tax Statistics

Indianola, WA. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
800
1,450 people on returns
Average adjusted gross income
$109,594
Washington $111,073
Average salaries and wages
$80,661
Returns with wages
Average income tax
$17,309
Washington $20,500

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99916020.0%
  • $25,000 to $49,99914017.5%
  • $50,000 to $74,99913016.3%
  • $75,000 to $99,9998010.0%
  • $100,000 to $199,99920025.0%
  • $200,000 or more9011.3%

Income, credits and taxes in 98342

Returns that reported each item, the total amount and the average for those returns

Swipe the table sideways to see more columns.

ItemReturnsShare of returnsTotalAverage
Salaries and wages51063.7%$41.14M$80,661
Business or professional income19023.8%$6.14M$32,305
Net capital gains31038.8%$8.56M$27,610
Taxable pensions and annuities23028.7%$7.95M$34,552
Taxable Social Security benefits25031.3%$5.42M$21,676
Itemized deductions10012.5%$4.12M$41,180
Earned income tax credit506.3%$105K$2,100
Refundable child tax credit303.8%$52K$1,733
Income tax after credits66082.5%$11.42M$17,309
Refunds47058.8%$1.62M$3,453

Frequently asked questions

What is the average income in ZIP code 98342?
For tax year 2022, the average adjusted gross income on the 800 individual tax returns filed in 98342 was $109,594, compared with $111,073 for Washington.
How many people in 98342 get the earned income tax credit?
50 returns in 98342 (6.3%) 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