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ZIP 20724, MD

Name: Income by ZIP — ZIP 20724, MD
License: https://creativecommons.org/publicdomain/zero/1.0/

IRS Statistics of Income · tax year 2022

Tax returns filed: 10,060
Total adjusted gross income: $744,985,000
Average AGI per return: $74,054
Returns ≥ $200k AGI: 510 (5.1%)
Total wages: $650,758,000
Capital gains: $6,917,000
Earned income tax credit: $3,098,000
Charitable contributions: $22,829,000

By income bracket

AGI bracket	Returns	Total AGI
$1–25k	2,550	$29,729,000
$25–50k	2,040	$76,200,000
$50–75k	1,570	$97,699,000
$75–100k	1,250	$108,364,000
$100–200k	2,140	$291,623,000
$200k+	510	$141,370,000

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.