What is the average income in ZIP code 07502?

For tax year 2022, the average adjusted gross income on the 8,560 individual tax returns filed in 07502 was $43,934, compared with $110,957 for New Jersey.

How many people in 07502 get the earned income tax credit?

2,250 returns in 07502 (26.3%) 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.

Checked Oct 22, 2026

ZIP Code 07502 Income and Tax Statistics

Paterson, NJ. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns: 8,560; 15,680 people on returns
Average adjusted gross income: $43,934; New Jersey $110,957
Average salaries and wages: $44,628; Returns with wages
Average income tax: $5,235; New Jersey $22,935

Returns by adjusted gross income

Returns with negative income are not included

$1 to $24,9993,08036.0%
$25,000 to $49,9992,80032.7%
$50,000 to $74,9991,42016.6%
$75,000 to $99,9996107.1%
$100,000 to $199,9995606.5%
$200,000 or more901.1%

Income, credits and taxes in 07502

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	7,390	86.3%	$330M	$44,628
Business or professional income	1,850	21.6%	$11.98M	$6,476
Net capital gains	530	6.2%	$2.77M	$5,225
Taxable pensions and annuities	860	10.0%	$16.74M	$19,463
Taxable Social Security benefits	570	6.7%	$8M	$14,032
Itemized deductions	600	7.0%	$15.08M	$25,125
Earned income tax credit	2,250	26.3%	$6.19M	$2,749
Refundable child tax credit	1,670	19.5%	$3.16M	$1,892
Income tax after credits	5,120	59.8%	$26.8M	$5,235
Refunds	6,570	76.8%	$19.63M	$2,988

Frequently asked questions

What is the average income in ZIP code 07502?: For tax year 2022, the average adjusted gross income on the 8,560 individual tax returns filed in 07502 was $43,934, compared with $110,957 for New Jersey.
How many people in 07502 get the earned income tax credit?: 2,250 returns in 07502 (26.3%) 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

Data sources

Statistics of Income (ZIP code data and migration data)Internal Revenue Service

IRS counts are rounded to the nearest 10, and items reported on fewer than 20 returns in a ZIP code are left out to protect taxpayer privacy. ZIP codes with fewer than 100 returns are combined by the IRS and are not shown.

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