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ZIP 08242, NJ

Name: Income by ZIP — ZIP 08242, NJ
License: https://creativecommons.org/publicdomain/zero/1.0/

IRS Statistics of Income · tax year 2022

Tax returns filed: 2,200
Total adjusted gross income: $116,087,000
Average AGI per return: $52,767
Returns ≥ $200k AGI: 40 (1.8%)
Total wages: $67,045,000
Capital gains: $3,804,000
Earned income tax credit: $1,120,000
Charitable contributions: $278,000

By income bracket

AGI bracket	Returns	Total AGI
$1–25k	740	$9,605,000
$25–50k	650	$23,696,000
$50–75k	330	$19,840,000
$75–100k	200	$17,428,000
$100–200k	240	$31,348,000
$200k+	40	$14,170,000

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.