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ZIP Code 08063 Income and Tax Statistics
National Park, NJ. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,520
- 2,690 people on returns
- Average adjusted gross income
- $61,261
- New Jersey $110,957
- Average salaries and wages
- $57,492
- Returns with wages
- Average income tax
- $6,913
- New Jersey $22,935
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99937024.3%
- $25,000 to $49,99939025.7%
- $50,000 to $74,99928018.4%
- $75,000 to $99,99920013.2%
- $100,000 to $199,99925016.4%
- $200,000 or more302.0%
Income, credits and taxes in 08063
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 | 1,320 | 86.8% | $75.89M | $57,492 |
| Business or professional income | 160 | 10.5% | $1.35M | $8,425 |
| Net capital gains | 110 | 7.2% | $97K | $882 |
| Taxable pensions and annuities | 280 | 18.4% | $6.21M | $22,175 |
| Taxable Social Security benefits | 240 | 15.8% | $3.87M | $16,104 |
| Itemized deductions | 120 | 7.9% | $2.53M | $21,100 |
| Earned income tax credit | 220 | 14.5% | $457K | $2,077 |
| Refundable child tax credit | 160 | 10.5% | $263K | $1,644 |
| Income tax after credits | 1,170 | 77.0% | $8.09M | $6,913 |
| Refunds | 1,220 | 80.3% | $2.94M | $2,410 |
Frequently asked questions
- What is the average income in ZIP code 08063?
- For tax year 2022, the average adjusted gross income on the 1,520 individual tax returns filed in 08063 was $61,261, compared with $110,957 for New Jersey.
- How many people in 08063 get the earned income tax credit?
- 220 returns in 08063 (14.5%) 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