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ZIP Code 03887 Income and Tax Statistics
Union, NH. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,160
- 2,090 people on returns
- Average adjusted gross income
- $72,179
- New Hampshire $104,989
- Average salaries and wages
- $68,855
- Returns with wages
- Average income tax
- $9,495
- New Hampshire $18,485
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99925021.6%
- $25,000 to $49,99928024.1%
- $50,000 to $74,99922019.0%
- $75,000 to $99,99913011.2%
- $100,000 to $199,99924020.7%
- $200,000 or more403.4%
Income, credits and taxes in 03887
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 | 980 | 84.5% | $67.48M | $68,855 |
| Business or professional income | 180 | 15.5% | $2.4M | $13,350 |
| Net capital gains | 130 | 11.2% | $769K | $5,915 |
| Taxable pensions and annuities | 220 | 19.0% | $5.19M | $23,595 |
| Taxable Social Security benefits | 190 | 16.4% | $2.85M | $14,974 |
| Itemized deductions | 40 | 3.4% | $705K | $17,625 |
| Earned income tax credit | 120 | 10.3% | $235K | $1,958 |
| Refundable child tax credit | 80 | 6.9% | $148K | $1,850 |
| Income tax after credits | 930 | 80.2% | $8.83M | $9,495 |
| Refunds | 860 | 74.1% | $2.05M | $2,383 |
Frequently asked questions
- What is the average income in ZIP code 03887?
- For tax year 2022, the average adjusted gross income on the 1,160 individual tax returns filed in 03887 was $72,179, compared with $104,989 for New Hampshire.
- How many people in 03887 get the earned income tax credit?
- 120 returns in 03887 (10.3%) 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