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ZIP Code 12592 Income and Tax Statistics

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

Tax returns
550
930 people on returns
Average adjusted gross income
$73,980
New York $107,518
Average salaries and wages
$70,226
Returns with wages
Average income tax
$12,059
New York $24,070

Returns by adjusted gross income

Returns with negative income are not included

  • $1 to $24,99915027.3%
  • $25,000 to $49,99913023.6%
  • $50,000 to $74,99910018.2%
  • $75,000 to $99,9997012.7%
  • $100,000 to $199,9997012.7%
  • $200,000 or more305.5%

Income, credits and taxes in 12592

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 wages39070.9%$27.39M$70,226
Business or professional income8014.5%$1.24M$15,450
Net capital gains8014.5%$884K$11,050
Taxable pensions and annuities14025.5%$4.57M$32,636
Taxable Social Security benefits13023.6%$2.12M$16,292
Itemized deductions407.3%$1.3M$32,575
Earned income tax credit6010.9%$129K$2,150
Refundable child tax credit509.1%$70K$1,400
Income tax after credits41074.5%$4.94M$12,059
Refunds38069.1%$1.02M$2,687

Frequently asked questions

What is the average income in ZIP code 12592?
For tax year 2022, the average adjusted gross income on the 550 individual tax returns filed in 12592 was $73,980, compared with $107,518 for New York.
How many people in 12592 get the earned income tax credit?
60 returns in 12592 (10.9%) 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