Skip to content

Checked

ZIP Code 01367 Income and Tax Statistics

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

Tax returns
260
450 people on returns
Average adjusted gross income
$62,146
Massachusetts $119,653
Average salaries and wages
$46,771
Returns with wages
Average income tax
$7,878
Massachusetts $24,841

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9998030.8%
  • $25,000 to $49,9997026.9%
  • $50,000 to $74,9993011.5%
  • $75,000 to $99,9993011.5%
  • $100,000 to $199,9995019.2%
  • $200,000 or more00.0%

Income, credits and taxes in 01367

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 wages21080.8%$9.82M$46,771
Business or professional income3011.5%$168K$5,600
Net capital gains5019.2%$317K$6,340
Taxable pensions and annuities8030.8%$2.27M$28,313
Taxable Social Security benefits7026.9%$1.06M$15,100
Itemized deductions00.0%$0Not shown
Earned income tax credit3011.5%$67K$2,233
Refundable child tax credit00.0%$0Not shown
Income tax after credits18069.2%$1.42M$7,878
Refunds18069.2%$482K$2,678

Frequently asked questions

What is the average income in ZIP code 01367?
For tax year 2022, the average adjusted gross income on the 260 individual tax returns filed in 01367 was $62,146, compared with $119,653 for Massachusetts.
How many people in 01367 get the earned income tax credit?
30 returns in 01367 (11.5%) 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