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ZIP Code 01775 Income and Tax Statistics

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

Tax returns
3,680
7,190 people on returns
Average adjusted gross income
$199,213
Massachusetts $119,653
Average salaries and wages
$158,107
Returns with wages
Average income tax
$44,485
Massachusetts $24,841

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99974020.1%
  • $25,000 to $49,99939010.6%
  • $50,000 to $74,9993208.7%
  • $75,000 to $99,9992707.3%
  • $100,000 to $199,99985023.1%
  • $200,000 or more1,11030.2%

Income, credits and taxes in 01775

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 wages2,88078.3%$455M$158,107
Business or professional income76020.7%$21.53M$28,325
Net capital gains1,65044.8%$62.73M$38,016
Taxable pensions and annuities74020.1%$25.71M$34,738
Taxable Social Security benefits73019.8%$18.7M$25,622
Itemized deductions73019.8%$24.6M$33,699
Earned income tax credit1203.3%$181K$1,508
Refundable child tax credit701.9%$131K$1,871
Income tax after credits3,01081.8%$134M$44,485
Refunds1,98053.8%$8.03M$4,056

Frequently asked questions

What is the average income in ZIP code 01775?
For tax year 2022, the average adjusted gross income on the 3,680 individual tax returns filed in 01775 was $199,213, compared with $119,653 for Massachusetts.
How many people in 01775 get the earned income tax credit?
120 returns in 01775 (3.3%) 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