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ZIP Code 01746 Income and Tax Statistics

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

Tax returns
7,460
14,930 people on returns
Average adjusted gross income
$152,947
Massachusetts $119,653
Average salaries and wages
$136,193
Returns with wages
Average income tax
$30,656
Massachusetts $24,841

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9991,59021.3%
  • $25,000 to $49,99989011.9%
  • $50,000 to $74,99977010.3%
  • $75,000 to $99,9996208.3%
  • $100,000 to $199,9991,79024.0%
  • $200,000 or more1,80024.1%

Income, credits and taxes in 01746

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 wages6,07081.4%$827M$136,193
Business or professional income1,44019.3%$39.27M$27,271
Net capital gains2,68035.9%$78.27M$29,204
Taxable pensions and annuities1,38018.5%$44.98M$32,596
Taxable Social Security benefits1,31017.6%$30.24M$23,085
Itemized deductions1,36018.2%$45.3M$33,307
Earned income tax credit2603.5%$413K$1,588
Refundable child tax credit1702.3%$311K$1,829
Income tax after credits6,04081.0%$185M$30,656
Refunds4,41059.1%$15.04M$3,411

Frequently asked questions

What is the average income in ZIP code 01746?
For tax year 2022, the average adjusted gross income on the 7,460 individual tax returns filed in 01746 was $152,947, compared with $119,653 for Massachusetts.
How many people in 01746 get the earned income tax credit?
260 returns in 01746 (3.5%) 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