IRS Income Data for Townshend, VT 05353
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 22% | 26% | 23% | 13% | 7% | 9% | 0% |
| Number of returns | 114 | 133 | 119 | 70 | 38 | 46 | 0 |
| Number of joint returns | 14 | 28 | 53 | 45 | 28 | 37 | 0 |
| Number of returns from paid preparer | 60 | 66 | 70 | 48 | 25 | 33 | 0 |
| Total number of exemptions | 111 | 210 | 231 | 157 | 89 | 112 | 0 |
| Total number of dependents | 0 | 45 | 32 | 24 | 13 | 18 | 0 |
| Adjusted gross income | $2,739 | $17,705 | $36,506 | $59,808 | $84,855 | $163,931 | |
| Salaries and wages | $8,421 | $10,808 | $27,153 | $45,058 | $54,013 | $76,123 | |
| Taxable interest | $466 | $1,075 | $450 | $413 | $816 | $6,766 | |
| Ordinary dividends | $476 | $827 | $928 | $810 | $1,663 | $2,211 | |
| Business or professional net income | $536 | $2,185 | $2,668 | $3,491 | $1,968 | $0 | |
| Net capital gain | $-156 | $608 | $631 | $423 | $6,709 | $4,401 | |
| Taxable individual retirement account distributions | $262 | $236 | $1,519 | $0 | $3,062 | $0 | |
| Taxable pensions and annuities | $0 | $1,141 | $2,402 | $6,760 | $0 | $10,018 | |
| Unemployment compensation | $0 | $776 | $780 | $0 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $187 | $1,020 | $5,127 | $0 | $6,392 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $2,255 | $4,383 | $7,129 | $16,681 | $19,507 | |
| State and local income taxes | $151 | $0 | $368 | $982 | $2,394 | $5,917 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $834 | $1,021 | $1,552 | $2,912 | $4,799 | |
| Taxes paid | $0 | $800 | $1,398 | $2,677 | $5,550 | $10,647 | |
| Mortgage interest paid | $1,384 | $0 | $1,572 | $3,082 | $5,635 | $4,774 | |
| Contributions | $94 | $0 | $283 | $275 | $1,863 | $3,020 | |
| Taxable income | $265 | $5,451 | $19,472 | $39,342 | $58,643 | $129,733 | |
| Total tax credits | $0 | $50 | $322 | $621 | $661 | $182 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $214 | $446 | $491 | $0 | |
| Child and dependent care credit | $0 | $0 | $65 | $0 | $0 | $0 | |
| Earned income credit | $188 | $806 | $161 | $0 | $0 | $0 | |
| Excess earned income credit | $138 | $538 | $114 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $0 | $540 | $2,007 | $4,838 | $7,323 | $22,345 | |
| Total tax liability | $143 | $998 | $2,437 | $5,360 | $7,957 | $24,098 | |
| Tax due at time of filing | $0 | $223 | $155 | $437 | $602 | $4,078 | |
| Overpayments refunded | $-1,144 | $-1,490 | $-1,751 | $-1,802 | $-1,433 | $-1,544 | |
| Total Tax Liability / AGI | 5% | 6% | 7% | 9% | 9% | 15% |
All numbers in the table are 2010 averages for that income class and zip code.
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