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ZIP Code 11020 Income and Tax Statistics

Lake Success, NY. Individual income tax returns for tax year 2022, from IRS Statistics of Income

Tax returns
3,110
6,220 people on returns
Average adjusted gross income
$220,695
New York $107,518
Average salaries and wages
$160,738
Returns with wages
Average income tax
$61,344
New York $24,070

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99978025.1%
  • $25,000 to $49,99942013.5%
  • $50,000 to $74,9992708.7%
  • $75,000 to $99,9992006.4%
  • $100,000 to $199,99955017.7%
  • $200,000 or more89028.6%

Income, credits and taxes in 11020

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 wages2,46079.1%$395M$160,738
Business or professional income68021.9%$25.36M$37,296
Net capital gains1,43046.0%$65.48M$45,790
Taxable pensions and annuities49015.8%$25.57M$52,182
Taxable Social Security benefits50016.1%$15.14M$30,286
Itemized deductions77024.8%$34.16M$44,358
Earned income tax credit2909.3%$637K$2,197
Refundable child tax credit2106.8%$413K$1,967
Income tax after credits2,30074.0%$141M$61,344
Refunds1,57050.5%$9.71M$6,185

Frequently asked questions

What is the average income in ZIP code 11020?
For tax year 2022, the average adjusted gross income on the 3,110 individual tax returns filed in 11020 was $220,695, compared with $107,518 for New York.
How many people in 11020 get the earned income tax credit?
290 returns in 11020 (9.3%) 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