IRS Income Data for Louisville, KY 40223
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 18% | 16% | 21% | 14% | 9% | 15% | 7% |
| Number of returns | 2,043 | 1,846 | 2,352 | 1,550 | 1,053 | 1,741 | 818 |
| Number of joint returns | 132 | 220 | 580 | 772 | 803 | 1,511 | 742 |
| Number of returns from paid preparer | 949 | 900 | 1,092 | 854 | 588 | 997 | 606 |
| Total number of exemptions | 1,413 | 2,702 | 4,057 | 3,121 | 2,684 | 5,038 | 2,655 |
| Total number of dependents | 173 | 410 | 583 | 478 | 431 | 924 | 504 |
| Adjusted gross income | $3,027 | $17,144 | $36,279 | $61,750 | $86,714 | $135,415 | $489,108 |
| Salaries and wages | $5,025 | $12,728 | $26,456 | $42,578 | $60,384 | $98,775 | $239,797 |
| Taxable interest | $952 | $595 | $940 | $1,566 | $2,006 | $2,607 | $16,671 |
| Ordinary dividends | $522 | $625 | $962 | $1,565 | $2,235 | $4,304 | $23,503 |
| Business or professional net income | $405 | $766 | $1,085 | $1,639 | $2,358 | $5,354 | $27,993 |
| Net capital gain | $11 | $-68 | $244 | $575 | $772 | $2,368 | $72,467 |
| Taxable individual retirement account distributions | $146 | $736 | $1,395 | $2,440 | $3,171 | $4,543 | $7,808 |
| Taxable pensions and annuities | $501 | $1,769 | $3,719 | $7,831 | $9,458 | $9,411 | $8,150 |
| Unemployment compensation | $49 | $188 | $304 | $326 | $184 | $174 | $69 |
| Taxable Social Security benefits | $0 | $123 | $1,342 | $3,477 | $4,301 | $3,527 | $2,759 |
| Self-employment retirement plans | $0 | $0 | $42 | $0 | $169 | $468 | $3,930 |
| Total itemized deductions | $2,056 | $2,688 | $5,814 | $11,315 | $17,003 | $26,866 | $80,797 |
| State and local income taxes | $190 | $187 | $1,188 | $2,372 | $4,138 | $8,307 | $37,875 |
| State and local general sales tax | $12 | $37 | $39 | $49 | $83 | $104 | $0 |
| Real estate taxes | $341 | $286 | $625 | $1,258 | $1,931 | $3,173 | $7,896 |
| Taxes paid | $514 | $537 | $1,586 | $3,835 | $6,392 | $11,946 | $46,777 |
| Mortgage interest paid | $723 | $784 | $1,969 | $4,089 | $6,078 | $8,383 | $14,164 |
| Contributions | $37 | $301 | $685 | $1,454 | $2,568 | $4,504 | $15,609 |
| Taxable income | $376 | $5,517 | $20,179 | $39,917 | $58,334 | $97,563 | $398,963 |
| Total tax credits | $1 | $80 | $275 | $458 | $797 | $496 | $700 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $23 | $157 | $333 | $564 | $330 | $0 |
| Child and dependent care credit | $0 | $4 | $17 | $19 | $43 | $40 | $30 |
| Earned income credit | $146 | $459 | $117 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $123 | $407 | $91 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $8 | $0 | $143 | $7,660 |
| Income tax | $41 | $522 | $2,253 | $5,381 | $7,706 | $16,765 | $107,781 |
| Total tax liability | $130 | $688 | $2,481 | $5,763 | $8,225 | $17,731 | $111,646 |
| Tax due at time of filing | $41 | $104 | $204 | $418 | $541 | $1,279 | $12,650 |
| Overpayments refunded | $-613 | $-1,495 | $-2,487 | $-2,113 | $-2,663 | $-3,216 | $-8,360 |
| Total Tax Liability / AGI | 4% | 4% | 7% | 9% | 9% | 13% | 23% |
All numbers in the table are 2010 averages for that income class and zip code.
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