IRS Income Data for Pendleton, KY 40055
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 17% | 19% | 23% | 19% | 11% | 11% | 0% |
| Number of returns | 150 | 174 | 206 | 171 | 95 | 100 | 0 |
| Number of joint returns | 30 | 47 | 93 | 122 | 90 | 95 | 0 |
| Number of returns from paid preparer | 91 | 121 | 137 | 129 | 61 | 80 | 0 |
| Total number of exemptions | 168 | 308 | 427 | 438 | 280 | 296 | 0 |
| Total number of dependents | 20 | 53 | 77 | 74 | 51 | 51 | 0 |
| Adjusted gross income | $2,555 | $17,173 | $36,656 | $61,421 | $86,866 | $141,566 | |
| Salaries and wages | $4,224 | $13,152 | $29,284 | $49,348 | $71,975 | $110,312 | |
| Taxable interest | $246 | $544 | $482 | $813 | $552 | $462 | |
| Ordinary dividends | $48 | $63 | $140 | $212 | $278 | $706 | |
| Business or professional net income | $-305 | $921 | $1,734 | $448 | $402 | $-71 | |
| Net capital gain | $5 | $-7 | $114 | $457 | $135 | $82 | |
| Taxable individual retirement account distributions | $271 | $0 | $276 | $1,330 | $0 | $0 | |
| Taxable pensions and annuities | $426 | $2,113 | $4,880 | $6,318 | $9,251 | $9,969 | |
| Unemployment compensation | $156 | $0 | $505 | $837 | $890 | $615 | |
| Taxable Social Security benefits | $0 | $0 | $682 | $1,676 | $1,699 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $2,430 | $4,487 | $10,694 | $17,145 | $28,139 | |
| State and local income taxes | $0 | $125 | $538 | $1,954 | $3,915 | $7,713 | |
| State and local general sales tax | $26 | $0 | $66 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $161 | $357 | $969 | $1,581 | $2,143 | |
| Taxes paid | $0 | $309 | $990 | $3,135 | $5,786 | $10,326 | |
| Mortgage interest paid | $0 | $1,378 | $2,034 | $4,623 | $8,194 | $11,139 | |
| Contributions | $0 | $163 | $363 | $1,107 | $1,546 | $3,079 | |
| Taxable income | $171 | $4,414 | $19,116 | $37,914 | $57,252 | $102,708 | |
| Total tax credits | $0 | $65 | $366 | $669 | $1,049 | $532 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $21 | $254 | $565 | $817 | $403 | |
| Child and dependent care credit | $0 | $0 | $0 | $31 | $125 | $0 | |
| Earned income credit | $270 | $948 | $201 | $0 | $0 | $0 | |
| Excess earned income credit | $235 | $820 | $142 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $16 | $413 | $1,993 | $4,509 | $6,954 | $18,039 | |
| Total tax liability | $93 | $637 | $2,269 | $4,731 | $7,264 | $18,985 | |
| Tax due at time of filing | $0 | $66 | $148 | $214 | $379 | $1,510 | |
| Overpayments refunded | $-650 | $-2,061 | $-2,037 | $-2,393 | $-3,012 | $-3,258 | |
| Total Tax Liability / AGI | 4% | 4% | 6% | 8% | 8% | 13% |
All numbers in the table are 2010 averages for that income class and zip code.
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