IRS Income Data for Essex, CT 06426
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 15% | 11% | 14% | 13% | 10% | 21% | 17% |
| Number of returns | 280 | 197 | 252 | 232 | 184 | 377 | 301 |
| Number of joint returns | 27 | 39 | 63 | 90 | 104 | 280 | 236 |
| Number of returns from paid preparer | 168 | 114 | 144 | 157 | 128 | 266 | 256 |
| Total number of exemptions | 204 | 261 | 366 | 394 | 353 | 872 | 745 |
| Total number of dependents | 17 | 25 | 35 | 48 | 42 | 111 | 115 |
| Adjusted gross income | $1,247 | $17,185 | $36,652 | $61,454 | $87,296 | $139,936 | $581,097 |
| Salaries and wages | $3,249 | $7,864 | $18,050 | $28,283 | $39,532 | $67,226 | $225,778 |
| Taxable interest | $638 | $1,624 | $2,627 | $3,264 | $3,611 | $5,448 | $20,188 |
| Ordinary dividends | $1,050 | $2,276 | $3,770 | $6,595 | $7,213 | $15,912 | $58,007 |
| Business or professional net income | $-220 | $2,709 | $3,481 | $6,803 | $6,383 | $11,218 | $28,254 |
| Net capital gain | $-287 | $81 | $863 | $753 | $475 | $5,045 | $64,584 |
| Taxable individual retirement account distributions | $673 | $1,145 | $2,133 | $3,130 | $4,662 | $8,526 | $12,767 |
| Taxable pensions and annuities | $467 | $2,700 | $4,051 | $6,791 | $13,735 | $16,249 | $15,405 |
| Unemployment compensation | $176 | $0 | $363 | $649 | $0 | $289 | $0 |
| Taxable Social Security benefits | $0 | $325 | $2,708 | $6,215 | $8,810 | $7,449 | $6,690 |
| Self-employment retirement plans | $0 | $0 | $0 | $670 | $0 | $1,381 | $3,232 |
| Total itemized deductions | $5,727 | $9,746 | $11,870 | $16,269 | $21,717 | $34,349 | $87,332 |
| State and local income taxes | $222 | $418 | $861 | $2,139 | $3,456 | $7,960 | $34,551 |
| State and local general sales tax | $28 | $80 | $136 | $0 | $0 | $0 | $0 |
| Real estate taxes | $882 | $1,554 | $1,883 | $3,176 | $4,275 | $5,844 | $11,410 |
| Taxes paid | $1,407 | $2,111 | $2,935 | $5,505 | $7,984 | $14,281 | $46,860 |
| Mortgage interest paid | $1,250 | $1,538 | $2,111 | $5,106 | $5,870 | $9,557 | $16,464 |
| Contributions | $106 | $423 | $903 | $1,303 | $2,345 | $3,326 | $9,831 |
| Taxable income | $351 | $4,331 | $18,613 | $37,202 | $56,869 | $97,809 | $486,719 |
| Total tax credits | $0 | $51 | $151 | $302 | $337 | $336 | $3,468 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $0 | $62 | $197 | $182 | $152 | $0 |
| Child and dependent care credit | $0 | $0 | $23 | $0 | $0 | $36 | $26 |
| Earned income credit | $79 | $330 | $0 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $53 | $226 | $0 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $401 | $7,095 |
| Income tax | $28 | $402 | $2,014 | $4,778 | $8,162 | $16,787 | $125,867 |
| Total tax liability | $169 | $920 | $2,549 | $5,876 | $9,387 | $18,651 | $130,042 |
| Tax due at time of filing | $35 | $292 | $250 | $811 | $1,258 | $1,607 | $10,823 |
| Overpayments refunded | $-349 | $-1,631 | $-1,662 | $-2,164 | $-2,357 | $-3,682 | $-5,544 |
| Total Tax Liability / AGI | 14% | 5% | 7% | 10% | 11% | 13% | 22% |
All numbers in the table are 2010 averages for that income class and zip code.
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