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ZIP Code 03307 Income and Tax Statistics
Loudon, NH. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 3,070
- 5,460 people on returns
- Average adjusted gross income
- $82,015
- New Hampshire $104,989
- Average salaries and wages
- $70,380
- Returns with wages
- Average income tax
- $11,129
- New Hampshire $18,485
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99968022.1%
- $25,000 to $49,99963020.5%
- $50,000 to $74,99952016.9%
- $75,000 to $99,99938012.4%
- $100,000 to $199,99971023.1%
- $200,000 or more1504.9%
Income, credits and taxes in 03307
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 | 2,480 | 80.8% | $175M | $70,380 |
| Business or professional income | 460 | 15.0% | $8.76M | $19,035 |
| Net capital gains | 600 | 19.5% | $8.96M | $14,925 |
| Taxable pensions and annuities | 760 | 24.8% | $22.36M | $29,426 |
| Taxable Social Security benefits | 670 | 21.8% | $12.47M | $18,609 |
| Itemized deductions | 160 | 5.2% | $6.91M | $43,175 |
| Earned income tax credit | 220 | 7.2% | $424K | $1,927 |
| Refundable child tax credit | 150 | 4.9% | $310K | $2,067 |
| Income tax after credits | 2,460 | 80.1% | $27.38M | $11,129 |
| Refunds | 2,190 | 71.3% | $5.79M | $2,643 |
Frequently asked questions
- What is the average income in ZIP code 03307?
- For tax year 2022, the average adjusted gross income on the 3,070 individual tax returns filed in 03307 was $82,015, compared with $104,989 for New Hampshire.
- How many people in 03307 get the earned income tax credit?
- 220 returns in 03307 (7.2%) 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