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ZIP 07940, NJ

Name: Income by ZIP — ZIP 07940, NJ
License: https://creativecommons.org/publicdomain/zero/1.0/

IRS Statistics of Income · tax year 2022

Tax returns filed: 7,540
Total adjusted gross income: $1,983,209,000
Average AGI per return: $263,025
Returns ≥ $200k AGI: 2,480 (32.9%)
Total wages: $1,345,069,000
Capital gains: $161,938,000
Earned income tax credit: $592,000
Charitable contributions: $21,142,000

By income bracket

AGI bracket	Returns	Total AGI
$1–25k	1,670	$16,575,000
$25–50k	800	$29,417,000
$50–75k	710	$44,186,000
$75–100k	560	$48,253,000
$100–200k	1,320	$189,540,000
$200k+	2,480	$1,655,238,000

The IRS Statistics of Income program tabulates individual income-tax return data by ZIP code and adjusted-gross-income (AGI) bracket. All figures are aggregates with small cells suppressed — no individual taxpayer data is published. "Average AGI per return" is a useful proxy for an area's income level.

Source: IRS SOI ZIP Code Data. License: CC0 1.0.