IRS Income Data for Fairmont, WV 26554
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 20% | 26% | 22% | 14% | 9% | 8% | 1% |
| Number of returns | 3,668 | 4,569 | 3,928 | 2,577 | 1,629 | 1,352 | 187 |
| Number of joint returns | 386 | 1,026 | 1,635 | 1,775 | 1,403 | 1,233 | 162 |
| Number of returns from paid preparer | 1,490 | 2,308 | 1,956 | 1,412 | 888 | 766 | 164 |
| Total number of exemptions | 3,827 | 7,336 | 7,592 | 6,119 | 4,409 | 3,722 | 522 |
| Total number of dependents | 528 | 1,118 | 1,227 | 1,054 | 776 | 658 | 89 |
| Adjusted gross income | $4,624 | $16,821 | $36,264 | $61,561 | $86,311 | $127,432 | $452,333 |
| Salaries and wages | $3,832 | $11,863 | $29,137 | $49,026 | $71,929 | $98,386 | $168,246 |
| Taxable interest | $247 | $629 | $752 | $1,173 | $1,454 | $2,540 | $9,958 |
| Ordinary dividends | $120 | $249 | $328 | $551 | $825 | $2,060 | $12,772 |
| Business or professional net income | $64 | $618 | $696 | $1,395 | $1,224 | $5,595 | $52,337 |
| Net capital gain | $21 | $41 | $118 | $230 | $720 | $2,291 | $25,174 |
| Taxable individual retirement account distributions | $133 | $476 | $726 | $1,351 | $1,567 | $2,402 | $3,337 |
| Taxable pensions and annuities | $669 | $2,612 | $3,170 | $4,695 | $5,102 | $8,101 | $8,374 |
| Unemployment compensation | $52 | $153 | $185 | $157 | $135 | $87 | $0 |
| Taxable Social Security benefits | $0 | $85 | $1,073 | $2,648 | $2,724 | $2,919 | $3,767 |
| Self-employment retirement plans | $0 | $0 | $0 | $73 | $0 | $331 | $4,864 |
| Total itemized deductions | $259 | $492 | $1,552 | $4,181 | $7,335 | $14,896 | $45,990 |
| State and local income taxes | $15 | $26 | $174 | $786 | $1,771 | $5,131 | $27,000 |
| State and local general sales tax | $2 | $6 | $10 | $8 | $31 | $0 | $0 |
| Real estate taxes | $18 | $18 | $91 | $253 | $444 | $953 | $2,649 |
| Taxes paid | $37 | $56 | $293 | $1,117 | $2,364 | $6,341 | $30,093 |
| Mortgage interest paid | $101 | $125 | $510 | $1,558 | $2,711 | $5,017 | $7,562 |
| Contributions | $7 | $45 | $191 | $547 | $1,054 | $2,148 | $7,864 |
| Taxable income | $217 | $4,859 | $20,517 | $41,589 | $62,937 | $99,454 | $397,651 |
| Total tax credits | $0 | $54 | $316 | $594 | $777 | $431 | $223 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $21 | $231 | $483 | $598 | $321 | $0 |
| Child and dependent care credit | $0 | $2 | $12 | $21 | $32 | $43 | $53 |
| Earned income credit | $324 | $742 | $187 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $298 | $681 | $150 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $46 | $2,720 |
| Income tax | $21 | $464 | $2,236 | $5,267 | $8,440 | $17,150 | $110,876 |
| Total tax liability | $74 | $581 | $2,426 | $5,599 | $8,779 | $18,208 | $116,084 |
| Tax due at time of filing | $19 | $56 | $131 | $339 | $380 | $1,233 | $9,958 |
| Overpayments refunded | $-641 | $-1,713 | $-1,917 | $-2,155 | $-2,836 | $-2,684 | $-3,727 |
| Total Tax Liability / AGI | 2% | 3% | 7% | 9% | 10% | 14% | 26% |
All numbers in the table are 2010 averages for that income class and zip code.
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