IRS Income Data for Oakham, MA 01068
View threads near Oakham, MA 01068 or Start a new Oakham MA 01068 thread
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 20% | 15% | 18% | 16% | 14% | 14% | 2% |
| Number of returns | 198 | 154 | 182 | 160 | 144 | 144 | 23 |
| Number of joint returns | 18 | 26 | 56 | 96 | 122 | 134 | 22 |
| Number of returns from paid preparer | 102 | 89 | 97 | 94 | 84 | 87 | 16 |
| Total number of exemptions | 132 | 200 | 319 | 387 | 409 | 434 | 68 |
| Total number of dependents | 14 | 23 | 48 | 72 | 71 | 87 | 13 |
| Adjusted gross income | $4,218 | $16,473 | $36,740 | $60,777 | $87,238 | $128,511 | $376,917 |
| Salaries and wages | $4,152 | $12,811 | $27,915 | $51,077 | $75,737 | $112,102 | $189,473 |
| Taxable interest | $312 | $529 | $644 | $761 | $1,026 | $872 | $2,790 |
| Ordinary dividends | $367 | $165 | $390 | $503 | $521 | $671 | $2,220 |
| Business or professional net income | $419 | $1,304 | $2,121 | $2,169 | $2,851 | $2,907 | $0 |
| Net capital gain | $-114 | $-155 | $-162 | $71 | $254 | $1,300 | $1,756 |
| Taxable individual retirement account distributions | $0 | $730 | $810 | $755 | $2,142 | $0 | $0 |
| Taxable pensions and annuities | $0 | $1,894 | $3,459 | $4,113 | $3,545 | $5,002 | $0 |
| Unemployment compensation | $0 | $795 | $611 | $825 | $1,691 | $0 | $0 |
| Taxable Social Security benefits | $0 | $0 | $1,145 | $1,574 | $1,345 | $1,106 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $1,065 | $3,180 | $4,813 | $11,068 | $13,220 | $21,386 | $39,244 |
| State and local income taxes | $94 | $146 | $546 | $1,728 | $2,829 | $5,776 | $20,706 |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Real estate taxes | $214 | $347 | $669 | $1,431 | $1,821 | $2,747 | $4,230 |
| Taxes paid | $381 | $636 | $1,275 | $3,322 | $4,798 | $8,846 | $25,398 |
| Mortgage interest paid | $372 | $1,194 | $2,233 | $5,992 | $6,370 | $9,643 | $7,299 |
| Contributions | $0 | $94 | $130 | $490 | $1,129 | $1,158 | $6,284 |
| Taxable income | $376 | $5,560 | $20,709 | $37,032 | $60,148 | $95,163 | $328,277 |
| Total tax credits | $0 | $63 | $259 | $691 | $1,020 | $536 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $0 | $152 | $515 | $634 | $386 | $0 |
| Child and dependent care credit | $0 | $0 | $0 | $97 | $0 | $58 | $0 |
| Earned income credit | $133 | $422 | $97 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $115 | $417 | $0 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $2,432 |
| Income tax | $28 | $543 | $2,407 | $4,514 | $7,764 | $16,132 | $90,224 |
| Total tax liability | $92 | $804 | $2,795 | $4,875 | $8,208 | $16,704 | $91,354 |
| Tax due at time of filing | $27 | $59 | $209 | $222 | $400 | $600 | $0 |
| Overpayments refunded | $-421 | $-1,733 | $-1,878 | $-2,755 | $-2,723 | $-3,484 | $0 |
| Total Tax Liability / AGI | 2% | 5% | 8% | 8% | 9% | 13% | 24% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.