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ZIP Code 08690 Income and Tax Statistics

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

Tax returns
10,660
18,750 people on returns
Average adjusted gross income
$100,429
New Jersey $110,957
Average salaries and wages
$89,049
Returns with wages
Average income tax
$14,910
New Jersey $22,935

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9991,93018.1%
  • $25,000 to $49,9991,79016.8%
  • $50,000 to $74,9991,71016.0%
  • $75,000 to $99,9991,27011.9%
  • $100,000 to $199,9992,88027.0%
  • $200,000 or more1,08010.1%

Income, credits and taxes in 08690

Returns that reported each item, the total amount and the average for those returns

Swipe the table sideways to see more columns.

ItemReturnsShare of returnsTotalAverage
Salaries and wages8,10076.0%$721M$89,049
Business or professional income1,38012.9%$25.4M$18,407
Net capital gains2,94027.6%$29.08M$9,891
Taxable pensions and annuities3,34031.3%$129M$38,513
Taxable Social Security benefits2,91027.3%$64.97M$22,327
Itemized deductions1,49014.0%$53.4M$35,838
Earned income tax credit5004.7%$930K$1,860
Refundable child tax credit3203.0%$610K$1,906
Income tax after credits8,93083.8%$133M$14,910
Refunds6,99065.6%$18.36M$2,627

Frequently asked questions

What is the average income in ZIP code 08690?
For tax year 2022, the average adjusted gross income on the 10,660 individual tax returns filed in 08690 was $100,429, compared with $110,957 for New Jersey.
How many people in 08690 get the earned income tax credit?
500 returns in 08690 (4.7%) 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