IRS Income Data for Lake Butler, FL 32054
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 19% | 25% | 29% | 14% | 8% | 5% | 1% |
| Number of returns | 736 | 949 | 1,093 | 554 | 290 | 176 | 30 |
| Number of joint returns | 93 | 200 | 431 | 427 | 272 | 165 | 25 |
| Number of returns from paid preparer | 351 | 489 | 550 | 295 | 156 | 107 | 22 |
| Total number of exemptions | 1,024 | 1,817 | 2,476 | 1,528 | 811 | 501 | 71 |
| Total number of dependents | 219 | 430 | 534 | 279 | 142 | 99 | 0 |
| Adjusted gross income | $3,899 | $17,311 | $35,105 | $61,274 | $86,094 | $125,682 | $643,074 |
| Salaries and wages | $4,549 | $14,493 | $29,072 | $48,837 | $69,052 | $82,620 | $145,610 |
| Taxable interest | $140 | $356 | $537 | $866 | $1,945 | $2,862 | $15,586 |
| Ordinary dividends | $85 | $84 | $108 | $350 | $295 | $901 | $11,924 |
| Business or professional net income | $45 | $620 | $482 | $655 | $975 | $1,730 | $0 |
| Net capital gain | $31 | $-17 | $147 | $587 | $556 | $4,569 | $42,834 |
| Taxable individual retirement account distributions | $84 | $206 | $692 | $1,605 | $1,946 | $6,002 | $0 |
| Taxable pensions and annuities | $489 | $1,791 | $3,607 | $7,056 | $9,329 | $21,589 | $35,237 |
| Unemployment compensation | $142 | $243 | $86 | $166 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $62 | $875 | $2,143 | $2,652 | $4,074 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $656 | $803 | $2,349 | $5,675 | $8,280 | $16,604 | $70,610 |
| State and local income taxes | $0 | $0 | $19 | $47 | $135 | $0 | $0 |
| State and local general sales tax | $6 | $27 | $104 | $330 | $452 | $962 | $1,959 |
| Real estate taxes | $46 | $58 | $200 | $496 | $779 | $1,625 | $3,535 |
| Taxes paid | $60 | $88 | $331 | $896 | $1,347 | $2,718 | $7,192 |
| Mortgage interest paid | $236 | $300 | $898 | $2,086 | $3,445 | $6,225 | $8,105 |
| Contributions | $35 | $126 | $347 | $1,094 | $1,842 | $4,927 | $17,216 |
| Taxable income | $163 | $4,274 | $17,738 | $38,876 | $61,280 | $94,744 | $563,655 |
| Total tax credits | $0 | $84 | $442 | $851 | $853 | $641 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $52 | $349 | $702 | $655 | $407 | $0 |
| Child and dependent care credit | $0 | $11 | $27 | $50 | $52 | $44 | $0 |
| Earned income credit | $628 | $1,348 | $375 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $581 | $1,248 | $317 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income tax | $15 | $377 | $1,722 | $4,430 | $7,888 | $15,577 | $160,898 |
| Total tax liability | $85 | $501 | $1,849 | $4,712 | $8,194 | $16,440 | $162,845 |
| Tax due at time of filing | $14 | $40 | $110 | $331 | $534 | $1,730 | $11,135 |
| Overpayments refunded | $-1,093 | $-2,721 | $-2,471 | $-2,638 | $-2,620 | $-3,521 | $0 |
| Total Tax Liability / AGI | 2% | 3% | 5% | 8% | 10% | 13% | 25% |
All numbers in the table are 2010 averages for that income class and zip code.
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