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ZIP Code 21758 Income and Tax Statistics
Garretts Mill, MD. Individual income tax returns for tax year 2022, from IRS Statistics of Income
- Tax returns
- 2,340
- 4,540 people on returns
- Average adjusted gross income
- $93,662
- Maryland $97,187
- Average salaries and wages
- $83,065
- Returns with wages
- Average income tax
- $14,396
- Maryland $18,178
Returns by adjusted gross income
Returns with negative income are not included
- $1 to $24,99956023.9%
- $25,000 to $49,99940017.1%
- $50,000 to $74,99931013.2%
- $75,000 to $99,99926011.1%
- $100,000 to $199,99959025.2%
- $200,000 or more2209.4%
Income, credits and taxes in 21758
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 | 1,890 | 80.8% | $157M | $83,065 |
| Business or professional income | 460 | 19.7% | $6.43M | $13,967 |
| Net capital gains | 450 | 19.2% | $5.72M | $12,720 |
| Taxable pensions and annuities | 540 | 23.1% | $21.07M | $39,019 |
| Taxable Social Security benefits | 420 | 17.9% | $8.46M | $20,133 |
| Itemized deductions | 400 | 17.1% | $11.41M | $28,530 |
| Earned income tax credit | 190 | 8.1% | $361K | $1,900 |
| Refundable child tax credit | 130 | 5.6% | $266K | $2,046 |
| Income tax after credits | 1,840 | 78.6% | $26.49M | $14,396 |
| Refunds | 1,570 | 67.1% | $4.7M | $2,992 |
Frequently asked questions
- What is the average income in ZIP code 21758?
- For tax year 2022, the average adjusted gross income on the 2,340 individual tax returns filed in 21758 was $93,662, compared with $97,187 for Maryland.
- How many people in 21758 get the earned income tax credit?
- 190 returns in 21758 (8.1%) 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