Checked
ZIP Code 04937 Income and Tax Statistics
Fairfield, ME. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 3,100
- 5,370 people on returns
- Average adjusted gross income
- $57,116
- Maine $78,002
- Average salaries and wages
- $53,628
- Returns with wages
- Average income tax
- $6,897
- Maine $12,254
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99988028.4%
- $25,000 to $49,99990029.0%
- $50,000 to $74,99953017.1%
- $75,000 to $99,9993009.7%
- $100,000 to $199,99943013.9%
- $200,000 or more601.9%
Income, credits and taxes in 04937
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 | 2,620 | 84.5% | $141M | $53,628 |
| Business or professional income | 380 | 12.3% | $3.09M | $8,118 |
| Net capital gains | 320 | 10.3% | $3.35M | $10,466 |
| Taxable pensions and annuities | 610 | 19.7% | $12.55M | $20,566 |
| Taxable Social Security benefits | 460 | 14.8% | $6.45M | $14,024 |
| Itemized deductions | 70 | 2.3% | $1.75M | $25,057 |
| Earned income tax credit | 480 | 15.5% | $998K | $2,079 |
| Refundable child tax credit | 320 | 10.3% | $538K | $1,681 |
| Income tax after credits | 2,220 | 71.6% | $15.31M | $6,897 |
| Refunds | 2,310 | 74.5% | $5.44M | $2,353 |
Frequently asked questions
- What is the average income in ZIP code 04937?
- For tax year 2022, the average adjusted gross income on the 3,100 individual tax returns filed in 04937 was $57,116, compared with $78,002 for Maine.
- How many people in 04937 get the earned income tax credit?
- 480 returns in 04937 (15.5%) 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