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ZIP Code 12404 Income and Tax Statistics
Accord, NY. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 1,710
- 2,960 people on returns
- Average adjusted gross income
- $116,957
- New York $107,518
- Average salaries and wages
- $91,025
- Returns with wages
- Average income tax
- $23,398
- New York $24,070
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99941024.0%
- $25,000 to $49,99935020.5%
- $50,000 to $74,99925014.6%
- $75,000 to $99,99918010.5%
- $100,000 to $199,99933019.3%
- $200,000 or more19011.1%
Income, credits and taxes in 12404
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 | 1,280 | 74.9% | $117M | $91,025 |
| Business or professional income | 430 | 25.1% | $11.79M | $27,412 |
| Net capital gains | 430 | 25.1% | $13.34M | $31,033 |
| Taxable pensions and annuities | 400 | 23.4% | $15.35M | $38,368 |
| Taxable Social Security benefits | 380 | 22.2% | $7.71M | $20,276 |
| Itemized deductions | 200 | 11.7% | $7.35M | $36,760 |
| Earned income tax credit | 170 | 9.9% | $379K | $2,229 |
| Refundable child tax credit | 120 | 7.0% | $195K | $1,625 |
| Income tax after credits | 1,320 | 77.2% | $30.89M | $23,398 |
| Refunds | 1,080 | 63.2% | $4.28M | $3,958 |
Frequently asked questions
- What is the average income in ZIP code 12404?
- For tax year 2022, the average adjusted gross income on the 1,710 individual tax returns filed in 12404 was $116,957, compared with $107,518 for New York.
- How many people in 12404 get the earned income tax credit?
- 170 returns in 12404 (9.9%) 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