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ZIP Code 01747 Income and Tax Statistics
Hopedale, MA. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 3,090
- 5,590 people on returns
- Average adjusted gross income
- $102,311
- Massachusetts $119,653
- Average salaries and wages
- $94,848
- Returns with wages
- Average income tax
- $17,070
- Massachusetts $24,841
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99975024.3%
- $25,000 to $49,99947015.2%
- $50,000 to $74,99940012.9%
- $75,000 to $99,99932010.4%
- $100,000 to $199,99975024.3%
- $200,000 or more40012.9%
Income, credits and taxes in 01747
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 | 2,550 | 82.5% | $242M | $94,848 |
| Business or professional income | 530 | 17.2% | $10.34M | $19,513 |
| Net capital gains | 680 | 22.0% | $8.04M | $11,819 |
| Taxable pensions and annuities | 630 | 20.4% | $17.42M | $27,644 |
| Taxable Social Security benefits | 500 | 16.2% | $9.38M | $18,758 |
| Itemized deductions | 400 | 12.9% | $10.81M | $27,033 |
| Earned income tax credit | 180 | 5.8% | $326K | $1,811 |
| Refundable child tax credit | 120 | 3.9% | $199K | $1,658 |
| Income tax after credits | 2,440 | 79.0% | $41.65M | $17,070 |
| Refunds | 2,000 | 64.7% | $5.3M | $2,652 |
Frequently asked questions
- What is the average income in ZIP code 01747?
- For tax year 2022, the average adjusted gross income on the 3,090 individual tax returns filed in 01747 was $102,311, compared with $119,653 for Massachusetts.
- How many people in 01747 get the earned income tax credit?
- 180 returns in 01747 (5.8%) 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