IRS Income Data for Palmyra, ME 04965
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 21% | 29% | 28% | 14% | 4% | 4% | 0% |
| Number of returns | 173 | 238 | 227 | 115 | 36 | 35 | 0 |
| Number of joint returns | 39 | 74 | 112 | 100 | 34 | 33 | 0 |
| Number of returns from paid preparer | 67 | 114 | 108 | 64 | 21 | 23 | 0 |
| Total number of exemptions | 220 | 402 | 507 | 323 | 97 | 105 | 0 |
| Total number of dependents | 26 | 63 | 84 | 57 | 17 | 16 | 0 |
| Adjusted gross income | $4,050 | $17,291 | $35,137 | $61,216 | $83,270 | $131,900 | |
| Salaries and wages | $3,308 | $14,583 | $29,100 | $51,410 | $74,049 | $101,665 | |
| Taxable interest | $352 | $475 | $498 | $1,116 | $205 | $5,777 | |
| Ordinary dividends | $107 | $40 | $237 | $163 | $582 | $0 | |
| Business or professional net income | $309 | $905 | $475 | $1,569 | $-1,321 | $0 | |
| Net capital gain | $-92 | $28 | $103 | $254 | $1,119 | $0 | |
| Taxable individual retirement account distributions | $299 | $278 | $469 | $1,486 | $0 | $0 | |
| Taxable pensions and annuities | $439 | $1,291 | $2,823 | $3,431 | $0 | $0 | |
| Unemployment compensation | $0 | $749 | $772 | $407 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $642 | $2,296 | $0 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $1,405 | $2,579 | $4,941 | $6,461 | $17,698 | |
| State and local income taxes | $0 | $0 | $313 | $896 | $1,318 | $6,270 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $117 | $226 | $691 | $573 | $1,873 | |
| Taxes paid | $0 | $196 | $578 | $1,703 | $2,022 | $8,927 | |
| Mortgage interest paid | $0 | $499 | $1,063 | $2,125 | $2,520 | $4,893 | |
| Contributions | $0 | $0 | $96 | $584 | $0 | $1,113 | |
| Taxable income | $0 | $4,714 | $17,597 | $38,469 | $59,767 | $100,487 | |
| Total tax credits | $0 | $68 | $323 | $823 | $723 | $731 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $23 | $241 | $706 | $1,022 | $0 | |
| Child and dependent care credit | $0 | $0 | $0 | $52 | $0 | $0 | |
| Earned income credit | $379 | $832 | $291 | $0 | $0 | $0 | |
| Excess earned income credit | $309 | $706 | $232 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $0 | $443 | $1,785 | $4,203 | $7,509 | $17,265 | |
| Total tax liability | $108 | $634 | $1,987 | $4,442 | $8,076 | $17,552 | |
| Tax due at time of filing | $18 | $80 | $135 | $365 | $0 | $0 | |
| Overpayments refunded | $-656 | $-1,801 | $-2,007 | $-2,006 | $-2,507 | $-2,922 | |
| Total Tax Liability / AGI | 3% | 4% | 6% | 7% | 10% | 13% |
All numbers in the table are 2010 averages for that income class and zip code.
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