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ZIP Code 07458 Income and Tax Statistics
Saddle River, NJ. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 5,750
- 11,700 people on returns
- Average adjusted gross income
- $461,699
- New Jersey $110,957
- Average salaries and wages
- $279,188
- Returns with wages
- Average income tax
- $134,587
- New Jersey $22,935
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9991,10019.1%
- $25,000 to $49,9995409.4%
- $50,000 to $74,9994307.5%
- $75,000 to $99,9993506.1%
- $100,000 to $199,99992016.0%
- $200,000 or more2,41041.9%
Income, credits and taxes in 07458
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 | 4,320 | 75.1% | $1.21B | $279,188 |
| Business or professional income | 1,410 | 24.5% | $86.93M | $61,650 |
| Net capital gains | 3,300 | 57.4% | $458M | $138,696 |
| Taxable pensions and annuities | 900 | 15.7% | $42.56M | $47,289 |
| Taxable Social Security benefits | 1,110 | 19.3% | $33.84M | $30,483 |
| Itemized deductions | 2,030 | 35.3% | $115M | $56,844 |
| Earned income tax credit | 180 | 3.1% | $301K | $1,672 |
| Refundable child tax credit | 120 | 2.1% | $246K | $2,050 |
| Income tax after credits | 4,730 | 82.3% | $637M | $134,587 |
| Refunds | 2,490 | 43.3% | $23.03M | $9,251 |
Frequently asked questions
- What is the average income in ZIP code 07458?
- For tax year 2022, the average adjusted gross income on the 5,750 individual tax returns filed in 07458 was $461,699, compared with $110,957 for New Jersey.
- How many people in 07458 get the earned income tax credit?
- 180 returns in 07458 (3.1%) 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