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ZIP Code 98591 Income and Tax Statistics
Toledo, WA. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 2,100
- 4,270 people on returns
- Average adjusted gross income
- $87,260
- Washington $111,073
- Average salaries and wages
- $69,219
- Returns with wages
- Average income tax
- $13,105
- Washington $20,500
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99947022.4%
- $25,000 to $49,99948022.9%
- $50,000 to $74,99933015.7%
- $75,000 to $99,99927012.9%
- $100,000 to $199,99944021.0%
- $200,000 or more1105.2%
Income, credits and taxes in 98591
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 | 1,610 | 76.7% | $111M | $69,219 |
| Business or professional income | 260 | 12.4% | $2.85M | $10,973 |
| Net capital gains | 360 | 17.1% | $9.01M | $25,022 |
| Taxable pensions and annuities | 510 | 24.3% | $15.99M | $31,351 |
| Taxable Social Security benefits | 490 | 23.3% | $8.77M | $17,906 |
| Itemized deductions | 130 | 6.2% | $4.55M | $34,992 |
| Earned income tax credit | 220 | 10.5% | $542K | $2,464 |
| Refundable child tax credit | 210 | 10.0% | $395K | $1,881 |
| Income tax after credits | 1,640 | 78.1% | $21.49M | $13,105 |
| Refunds | 1,520 | 72.4% | $4.89M | $3,215 |
Frequently asked questions
- What is the average income in ZIP code 98591?
- For tax year 2022, the average adjusted gross income on the 2,100 individual tax returns filed in 98591 was $87,260, compared with $111,073 for Washington.
- How many people in 98591 get the earned income tax credit?
- 220 returns in 98591 (10.5%) 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