Checked
ZIP Code 20616 Income and Tax Statistics
Bryans Road, MD. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 4,040
- 7,490 people on returns
- Average adjusted gross income
- $78,386
- Maryland $97,187
- Average salaries and wages
- $76,928
- Returns with wages
- Average income tax
- $10,541
- Maryland $18,178
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99984020.8%
- $25,000 to $49,99975018.6%
- $50,000 to $74,99971017.6%
- $75,000 to $99,99955013.6%
- $100,000 to $199,9991,02025.2%
- $200,000 or more1704.2%
Income, credits and taxes in 20616
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 | 3,530 | 87.4% | $272M | $76,928 |
| Business or professional income | 960 | 23.8% | -$3.23M | -$3,360 |
| Net capital gains | 350 | 8.7% | $936K | $2,674 |
| Taxable pensions and annuities | 880 | 21.8% | $32.65M | $37,105 |
| Taxable Social Security benefits | 380 | 9.4% | $6.16M | $16,221 |
| Itemized deductions | 1,330 | 32.9% | $39.47M | $29,676 |
| Earned income tax credit | 490 | 12.1% | $1.23M | $2,508 |
| Refundable child tax credit | 470 | 11.6% | $934K | $1,987 |
| Income tax after credits | 3,100 | 76.7% | $32.68M | $10,541 |
| Refunds | 2,910 | 72.0% | $9.1M | $3,128 |
Frequently asked questions
- What is the average income in ZIP code 20616?
- For tax year 2022, the average adjusted gross income on the 4,040 individual tax returns filed in 20616 was $78,386, compared with $97,187 for Maryland.
- How many people in 20616 get the earned income tax credit?
- 490 returns in 20616 (12.1%) 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