Skip to content

Checked

ZIP Code 08820 Income and Tax Statistics

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

Tax returns
18,360
39,830 people on returns
Average adjusted gross income
$166,490
New Jersey $110,957
Average salaries and wages
$149,600
Returns with wages
Average income tax
$34,406
New Jersey $22,935

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,9993,56019.4%
  • $25,000 to $49,9992,07011.3%
  • $50,000 to $74,9991,7309.4%
  • $75,000 to $99,9991,4407.8%
  • $100,000 to $199,9994,46024.3%
  • $200,000 or more5,10027.8%

Income, credits and taxes in 08820

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 wages15,35083.6%$2.3B$149,600
Business or professional income3,05016.6%$69.31M$22,725
Net capital gains7,77042.3%$121M$15,524
Taxable pensions and annuities2,70014.7%$90.73M$33,604
Taxable Social Security benefits2,71014.8%$68.58M$25,307
Itemized deductions2,36012.9%$90.25M$38,242
Earned income tax credit1,0205.6%$2.11M$2,066
Refundable child tax credit6403.5%$1.14M$1,788
Income tax after credits14,97081.5%$515M$34,406
Refunds10,36056.4%$45.75M$4,416

Frequently asked questions

What is the average income in ZIP code 08820?
For tax year 2022, the average adjusted gross income on the 18,360 individual tax returns filed in 08820 was $166,490, compared with $110,957 for New Jersey.
How many people in 08820 get the earned income tax credit?
1,020 returns in 08820 (5.6%) 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