IRS Income Data for Ararat, VA 24053
View threads near Ararat, VA 24053 or Start a new Ararat VA 24053 thread
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 23% | 32% | 23% | 13% | 5% | 3% | 0% |
| Number of returns | 229 | 312 | 224 | 132 | 51 | 33 | 0 |
| Number of joint returns | 59 | 121 | 135 | 108 | 47 | 24 | 0 |
| Number of returns from paid preparer | 174 | 250 | 179 | 110 | 40 | 27 | 0 |
| Total number of exemptions | 325 | 618 | 505 | 344 | 146 | 84 | 0 |
| Total number of dependents | 48 | 118 | 95 | 61 | 25 | 15 | 0 |
| Adjusted gross income | $2,589 | $17,469 | $35,761 | $61,238 | $85,106 | $193,616 | |
| Salaries and wages | $3,498 | $13,403 | $27,261 | $48,658 | $66,447 | $78,786 | |
| Taxable interest | $428 | $715 | $1,344 | $1,174 | $1,982 | $1,328 | |
| Ordinary dividends | $129 | $162 | $192 | $67 | $257 | $2,138 | |
| Business or professional net income | $-28 | $1,130 | $1,025 | $405 | $0 | $0 | |
| Net capital gain | $-29 | $0 | $579 | $1,021 | $9,915 | $0 | |
| Taxable individual retirement account distributions | $0 | $325 | $472 | $969 | $0 | $0 | |
| Taxable pensions and annuities | $554 | $1,504 | $3,105 | $5,165 | $5,566 | $0 | |
| Unemployment compensation | $186 | $871 | $1,013 | $729 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $1,187 | $3,143 | $5,820 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $1,009 | $3,008 | $7,202 | $9,989 | $17,863 | |
| State and local income taxes | $0 | $80 | $305 | $1,391 | $2,695 | $6,193 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $76 | $146 | $329 | $663 | $794 | |
| Taxes paid | $0 | $185 | $658 | $1,816 | $3,534 | $7,223 | |
| Mortgage interest paid | $0 | $413 | $995 | $2,689 | $3,528 | $2,507 | |
| Contributions | $0 | $108 | $348 | $1,205 | $1,982 | $2,790 | |
| Taxable income | $121 | $4,108 | $17,536 | $38,948 | $60,010 | $159,184 | |
| Total tax credits | $0 | $71 | $391 | $728 | $880 | $539 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $39 | $296 | $563 | $608 | $0 | |
| Child and dependent care credit | $0 | $0 | $0 | $82 | $0 | $0 | |
| Earned income credit | $401 | $1,126 | $248 | $0 | $0 | $0 | |
| Excess earned income credit | $335 | $990 | $213 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $12 | $370 | $1,646 | $4,409 | $7,394 | $25,767 | |
| Total tax liability | $135 | $569 | $1,862 | $4,630 | $7,793 | $26,195 | |
| Tax due at time of filing | $44 | $42 | $176 | $427 | $1,468 | $0 | |
| Overpayments refunded | $-747 | $-2,237 | $-2,135 | $-2,151 | $-2,779 | $-2,897 | |
| Total Tax Liability / AGI | 5% | 3% | 5% | 8% | 9% | 14% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.