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ZIP Code 21230 Income and Tax Statistics
Baltimore, MD. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 18,580
- 27,860 people on returns
- Average adjusted gross income
- $97,448
- Maryland $97,187
- Average salaries and wages
- $88,540
- Returns with wages
- Average income tax
- $18,672
- Maryland $18,178
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,9994,18022.5%
- $25,000 to $49,9993,70019.9%
- $50,000 to $74,9993,25017.5%
- $75,000 to $99,9992,28012.3%
- $100,000 to $199,9993,36018.1%
- $200,000 or more1,8109.7%
Income, credits and taxes in 21230
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 | 16,240 | 87.4% | $1.44B | $88,540 |
| Business or professional income | 3,550 | 19.1% | $45.39M | $12,786 |
| Net capital gains | 4,330 | 23.3% | $56.07M | $12,949 |
| Taxable pensions and annuities | 1,830 | 9.8% | $54.1M | $29,564 |
| Taxable Social Security benefits | 1,190 | 6.4% | $23.71M | $19,926 |
| Itemized deductions | 3,320 | 17.9% | $95.29M | $28,701 |
| Earned income tax credit | 2,210 | 11.9% | $5.39M | $2,440 |
| Refundable child tax credit | 1,680 | 9.0% | $2.99M | $1,780 |
| Income tax after credits | 14,530 | 78.2% | $271M | $18,672 |
| Refunds | 12,640 | 68.0% | $36.13M | $2,858 |
Frequently asked questions
- What is the average income in ZIP code 21230?
- For tax year 2022, the average adjusted gross income on the 18,580 individual tax returns filed in 21230 was $97,448, compared with $97,187 for Maryland.
- How many people in 21230 get the earned income tax credit?
- 2,210 returns in 21230 (11.9%) 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