IRS Income Data for Reading, PA 19608
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 20% | 15% | 20% | 14% | 11% | 16% | 4% |
| Number of returns | 2,238 | 1,653 | 2,332 | 1,604 | 1,302 | 1,780 | 474 |
| Number of joint returns | 152 | 290 | 667 | 996 | 1,116 | 1,672 | 447 |
| Number of returns from paid preparer | 1,070 | 901 | 1,283 | 945 | 715 | 985 | 337 |
| Total number of exemptions | 1,289 | 2,326 | 4,171 | 3,909 | 3,730 | 5,594 | 1,584 |
| Total number of dependents | 139 | 323 | 697 | 703 | 716 | 1,132 | 320 |
| Adjusted gross income | $3,502 | $17,123 | $36,572 | $62,201 | $86,839 | $131,006 | $432,424 |
| Salaries and wages | $3,798 | $12,032 | $29,672 | $49,713 | $72,177 | $110,397 | $259,279 |
| Taxable interest | $389 | $701 | $869 | $991 | $1,167 | $1,732 | $11,335 |
| Ordinary dividends | $432 | $494 | $484 | $805 | $907 | $1,706 | $15,989 |
| Business or professional net income | $-219 | $834 | $1,022 | $2,401 | $2,118 | $3,651 | $25,333 |
| Net capital gain | $-77 | $-59 | $60 | $92 | $330 | $1,461 | $25,368 |
| Taxable individual retirement account distributions | $203 | $717 | $1,002 | $1,725 | $2,097 | $2,460 | $4,036 |
| Taxable pensions and annuities | $414 | $2,222 | $2,725 | $4,280 | $5,243 | $6,239 | $5,674 |
| Unemployment compensation | $63 | $430 | $585 | $662 | $611 | $321 | $0 |
| Taxable Social Security benefits | $0 | $127 | $1,017 | $2,404 | $2,384 | $2,334 | $1,863 |
| Self-employment retirement plans | $0 | $0 | $0 | $95 | $93 | $179 | $1,895 |
| Total itemized deductions | $1,372 | $2,232 | $5,107 | $10,574 | $15,932 | $26,546 | $70,046 |
| State and local income taxes | $118 | $109 | $505 | $1,519 | $2,714 | $5,228 | $20,477 |
| State and local general sales tax | $5 | $20 | $29 | $29 | $40 | $40 | $0 |
| Real estate taxes | $272 | $420 | $1,075 | $2,293 | $3,432 | $4,976 | $9,577 |
| Taxes paid | $407 | $554 | $1,635 | $3,905 | $6,268 | $10,337 | $30,280 |
| Mortgage interest paid | $362 | $633 | $2,047 | $4,541 | $7,018 | $9,010 | $13,681 |
| Contributions | $17 | $133 | $348 | $838 | $1,179 | $2,320 | $9,165 |
| Taxable income | $358 | $5,643 | $20,314 | $39,021 | $58,251 | $95,573 | $354,265 |
| Total tax credits | $1 | $92 | $342 | $723 | $1,010 | $648 | $365 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $27 | $201 | $534 | $747 | $464 | $0 |
| Child and dependent care credit | $0 | $7 | $25 | $33 | $51 | $67 | $45 |
| Earned income credit | $113 | $558 | $152 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $95 | $501 | $119 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $69 | $4,092 |
| Income tax | $34 | $514 | $2,230 | $4,750 | $7,380 | $16,060 | $98,590 |
| Total tax liability | $77 | $669 | $2,439 | $5,197 | $7,812 | $16,695 | $101,257 |
| Tax due at time of filing | $21 | $74 | $132 | $327 | $303 | $831 | $7,407 |
| Overpayments refunded | $-412 | $-1,580 | $-2,146 | $-2,677 | $-3,202 | $-3,642 | $-7,566 |
| Total Tax Liability / AGI | 2% | 4% | 7% | 8% | 9% | 13% | 23% |
All numbers in the table are 2010 averages for that income class and zip code.
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