IRS Income Data for Ashby, MA 01431
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 17% | 15% | 22% | 16% | 13% | 15% | 2% |
| Number of returns | 262 | 224 | 329 | 240 | 203 | 222 | 28 |
| Number of joint returns | 30 | 40 | 102 | 156 | 173 | 208 | 24 |
| Number of returns from paid preparer | 108 | 109 | 182 | 153 | 128 | 134 | 19 |
| Total number of exemptions | 175 | 288 | 592 | 599 | 584 | 704 | 89 |
| Total number of dependents | 0 | 43 | 91 | 112 | 113 | 133 | 16 |
| Adjusted gross income | $3,321 | $16,533 | $37,251 | $62,054 | $87,075 | $127,469 | $297,928 |
| Salaries and wages | $3,555 | $10,790 | $29,229 | $51,064 | $74,648 | $107,960 | $174,280 |
| Taxable interest | $363 | $636 | $701 | $977 | $438 | $846 | $3,393 |
| Ordinary dividends | $131 | $250 | $199 | $372 | $441 | $496 | $644 |
| Business or professional net income | $70 | $877 | $1,962 | $3,739 | $2,593 | $7,340 | $0 |
| Net capital gain | $-47 | $7 | $-6 | $-49 | $315 | $729 | $4,692 |
| Taxable individual retirement account distributions | $198 | $955 | $538 | $913 | $1,497 | $1,607 | $0 |
| Taxable pensions and annuities | $496 | $2,310 | $3,265 | $3,443 | $5,123 | $5,613 | $0 |
| Unemployment compensation | $0 | $600 | $806 | $1,353 | $942 | $813 | $0 |
| Taxable Social Security benefits | $0 | $101 | $875 | $1,381 | $1,754 | $1,147 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $502 | $0 | $0 | $0 |
| Total itemized deductions | $1,529 | $2,099 | $5,583 | $12,026 | $16,907 | $23,440 | $38,087 |
| State and local income taxes | $0 | $127 | $643 | $2,065 | $3,438 | $5,882 | $16,527 |
| State and local general sales tax | $0 | $31 | $0 | $0 | $0 | $0 | $0 |
| Real estate taxes | $0 | $635 | $1,051 | $2,161 | $2,789 | $3,674 | $6,204 |
| Taxes paid | $118 | $691 | $1,776 | $4,346 | $6,419 | $9,880 | $23,568 |
| Mortgage interest paid | $0 | $951 | $2,963 | $6,047 | $7,865 | $10,721 | $11,196 |
| Contributions | $0 | $122 | $232 | $580 | $1,047 | $1,570 | $2,772 |
| Taxable income | $408 | $5,358 | $20,705 | $37,764 | $57,858 | $92,045 | $249,874 |
| Total tax credits | $0 | $55 | $301 | $779 | $1,031 | $724 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $27 | $180 | $618 | $716 | $543 | $0 |
| Child and dependent care credit | $0 | $0 | $32 | $19 | $46 | $74 | $0 |
| Earned income credit | $85 | $373 | $119 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $68 | $347 | $84 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $2,894 |
| Income tax | $40 | $525 | $2,363 | $4,478 | $7,265 | $15,196 | $64,139 |
| Total tax liability | $158 | $720 | $2,764 | $5,181 | $7,782 | $16,194 | $66,324 |
| Tax due at time of filing | $38 | $137 | $186 | $312 | $179 | $1,014 | $5,668 |
| Overpayments refunded | $-377 | $-1,317 | $-1,884 | $-2,597 | $-3,429 | $-3,011 | $-8,380 |
| Total Tax Liability / AGI | 5% | 4% | 7% | 8% | 9% | 13% | 22% |
All numbers in the table are 2010 averages for that income class and zip code.
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