IRS Income Data for Sherrills Ford, NC 28673

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  Under $10K   $10K - $25K   $25K - $50K   $50K - $75K   $75K - $100K   $100K - $200K   $200K or more
Percent of Returns17%17%20%15%11%16%5%
Number of returns459458561409295449134
Number of joint returns86124215274245390121
Number of returns from paid preparer26129937127021531597
Total number of exemptions4407681,0819617741,174376
Total number of dependents5112717715513618562
Adjusted gross income$1,792$16,807$36,864$61,667$86,702$134,400$394,550
Salaries and wages$5,829$11,672$27,561$48,662$64,767$99,768$226,442
Taxable interest$495$874$930$1,263$1,288$1,815$6,545
Ordinary dividends$284$298$774$697$1,843$2,179$5,921
Business or professional net income$-479$1,691$943$1,359$1,517$1,748$13,389
Net capital gain$-160$-18$151$346$2,026$2,741$17,229
Taxable individual retirement account distributions$215$862$1,384$1,790$2,671$4,831$0
Taxable pensions and annuities$582$1,557$3,501$4,428$7,734$11,284$13,715
Unemployment compensation$187$264$625$443$642$431$0
Taxable Social Security benefits$0$86$1,319$2,503$3,297$3,666$1,598
Self-employment retirement plans$0$0$0$0$0$0$0
Total itemized deductions$3,501$3,026$8,019$12,656$20,820$30,548$63,655
State and local income taxes$262$202$902$2,152$4,177$8,065$27,758
State and local general sales tax$15$46$41$66$0$56$0
Real estate taxes$345$280$814$1,032$1,995$2,846$5,271
Taxes paid$643$544$1,831$3,333$6,415$11,253$33,785
Mortgage interest paid$1,957$987$3,540$5,765$8,894$13,752$22,530
Contributions$69$309$697$1,273$2,629$3,116$6,970
Taxable income$226$4,358$18,201$36,910$54,867$94,216$322,609
Total tax credits$0$39$282$624$717$451$214
Residential energy tax credit$0$0$0$0$0$0$0
Child tax credit$0$10$204$504$533$279$0
Child and dependent care credit$0$0$14$31$32$42$0
Earned income credit$214$835$171$0$0$0$0
Excess earned income credit$167$706$131$0$0$0$0
Alternative minimum tax$0$0$0$0$0$170$4,090
Income tax$21$445$1,970$4,426$6,946$16,224$84,301
Total tax liability$137$723$2,220$4,761$7,427$16,728$86,097
Tax due at time of filing$38$138$182$315$534$1,359$9,747
Overpayments refunded$-786$-1,708$-2,034$-2,402$-3,278$-3,813$-4,814
Total Tax Liability / AGI8%4%6%8%9%12%22%

All numbers in the table are 2010 averages for that income class and zip code.

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