By the Numbers: Wealthy Communities

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By the Numbers

Wealthy Communities

It’s tax time—and you get two extra days this year, till April 17, to report your income to the IRS because of how the calendar falls. Below are ZIP codes in the four-county Southwest Ohio and three-county Northern Kentucky areas that contained the largest numbers of tax returns reporting $100,000 or more in adjusted gross income for Tax Year 2015. The numbers are reported by the IRS and are based on returns filed in 2016, the most recent data available. The ZIP code containing Indian Hill has the highest average adjusted income in the area ($672,963) but ranks 13th for the most returns of $100,000 or more. (Research by Bill Ferguson Jr.)

PRIMARY AREAS

NUMBER OF RETURNS REPORTING ADJUSTED GROSS INCOME OF $100,000 OR MORE

AVERAGE ADJUSTED GROSS INCOME FOR THOSE REPORTING $100,000 OR MORE

AVERAGE INCOME TAX FOR THOSE REPORTING $100,000 OR MORE

45040

Mason

8,890

$231,335

$44,322

45140

Loveland, Montgomery

7,810

$219,439

$40,408

45069

Liberty Township, West Chester Township

7,340

$195,638

$34,085

45011

Hamilton, Liberty Township, West Chester Township

6,170

$176,861

$29,235

45244

Anderson Township, Newtown

4,260

$241,419

$46,970

45066

Springboro

4,060

$207,282

$36,737

45208

Cincinnati (Hyde Park, Mount Lookout)

3,850

$366,181

$81,497

45242

Blue Ash, Montgomery, Sycamore Township

3,790

$304,256

$65,365

45036

Lebanon, Liberty Township

3,740

$184,725

$30,303

45044

Liberty Township, Middletown

3,720

$186,574

$31,434

OHIO ZIP CODE

PRIMARY AREAS

NUMBER OF RETURNS REPORTING ADJUSTED GROSS INCOME OF $100,000 OR MORE

AVERAGE ADJUSTED GROSS INCOME FOR THOSE REPORTING $100,000 OR MORE

AVERAGE INCOME TAX FOR THOSE REPORTING $100,000 OR MORE

41017

Covington, Crescent Springs, Crestview Hills, Edgewood, Erlanger, Fort Mitchell, Fort Wright, Lakeside Park, Villa Hills

4,850

$374,439

$78,216

41091

Union

3,410

$211,601

$37,324

41042

Florence

3,360

$157,665

$23,203

41051

Independence

2,500

$146,869

$19,502

41075

Fort Thomas, Newport

2,100

$229,315

$42,670

KENTUCKY ZIP CODE

Source: IRS, Statistics of Income Division w w w.

m a g a z i n e . c o m : : F E B R UA RY/M A R C H 2 0 1 8

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