ZIP Code 07078 — Short Hills, NJ

IRS Income Data, Tax Year 2022

$1,044,160
Average AGI
#14
National Rank
#1
NJ State Rank
6,070
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 07078.

$1 - $25,000
18.0%
$25,000 - $50,000
5.6%
$50,000 - $75,000
4.5%
$75,000 - $100,000
3.5%
$100,000 - $200,000
10.1%
$200,000 or more
58.5%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 1,090 $9,206,000 $8,445 18.0%
$25,000 - $50,000 340 $12,295,000 $36,161 5.6%
$50,000 - $75,000 270 $16,576,000 $61,392 4.5%
$75,000 - $100,000 210 $18,233,000 $86,823 3.5%
$100,000 - $200,000 610 $90,189,000 $147,850 10.1%
$200,000 or more 3,550 $6,191,557,000 $1,744,100 58.5%
Total 6,070 $6,338,056,000 $1,044,160 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Newark, NJ 8 mi $42,702 125,030
Elizabeth, NJ 9 mi $44,607 66,050
Jersey City, NJ 14 mi $104,675 142,960
Staten Island, NY 15 mi $83,260 231,300
Paterson, NJ 15 mi $36,296 78,970
New York, NY 19 mi $252,618 788,950

Similar ZIP Codes in New Jersey

ZIP Code City Avg AGI Nat. Rank
07931 Far Hills $760,111 #43
07976 New Vernon $662,393 #60
07760 Sea Bright $569,280 #88
08738 Mantoloking $487,189 #128
07021 Essex Fells $481,711 #129
07458 Upper Saddle Riv $461,698 #137
07901 Summit $453,191 #145
07934 Gladstone $436,529 #154

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
07041 Millburn, NJ 1.8 mi $228,319 #655
07901 Summit, NJ 2.4 mi $453,191 #145
07081 Springfield, NJ 2.9 mi $144,090 #1,911
07088 Vauxhall, NJ 3.1 mi $61,229 #17,885
07039 Livingston, NJ 3.2 mi $290,976 #396
07079 South Orange, NJ 3.5 mi $237,780 #596
07040 Maplewood, NJ 3.6 mi $183,377 #1,090
07932 Florham Park, NJ 4.0 mi $244,072 #562

About This Data

Income data is based on IRS Statistics of Income (SOI) ZIP code data for Tax Year 2022. AGI (Adjusted Gross Income) represents gross income minus certain deductions. Rankings are calculated across 545 ZIP codes in New Jersey and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.