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ZIP Code 01031 Income and Tax Statistics

Ware, MA. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
560
970 people on returns
Average adjusted gross income
$58,416
Massachusetts $119,653
Average salaries and wages
$52,776
Returns with wages
Average income tax
$6,926
Massachusetts $24,841

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99914025.0%
  • $25,000 to $49,99917030.4%
  • $50,000 to $74,99911019.6%
  • $75,000 to $99,9996010.7%
  • $100,000 to $199,9998014.3%
  • $200,000 or more00.0%

Income, credits and taxes in 01031

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 wages46082.1%$24.28M$52,776
Business or professional income508.9%$461K$9,220
Net capital gains407.1%$20K$500
Taxable pensions and annuities11019.6%$3M$27,300
Taxable Social Security benefits9016.1%$1.4M$15,600
Itemized deductions00.0%$0Not shown
Earned income tax credit7012.5%$190K$2,714
Refundable child tax credit508.9%$109K$2,180
Income tax after credits42075.0%$2.91M$6,926
Refunds41073.2%$1.09M$2,651

Frequently asked questions

What is the average income in ZIP code 01031?
For tax year 2022, the average adjusted gross income on the 560 individual tax returns filed in 01031 was $58,416, compared with $119,653 for Massachusetts.
How many people in 01031 get the earned income tax credit?
70 returns in 01031 (12.5%) 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