IRS Income Data for Wilmore, KY 40390
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 23% | 22% | 25% | 15% | 9% | 6% | 1% |
| Number of returns | 565 | 545 | 632 | 364 | 212 | 145 | 20 |
| Number of joint returns | 78 | 171 | 341 | 288 | 194 | 140 | 19 |
| Number of returns from paid preparer | 219 | 290 | 341 | 205 | 114 | 83 | 18 |
| Total number of exemptions | 603 | 1,020 | 1,461 | 1,014 | 665 | 424 | 70 |
| Total number of dependents | 84 | 173 | 263 | 184 | 129 | 68 | 14 |
| Adjusted gross income | $3,871 | $17,348 | $36,383 | $61,542 | $86,109 | $125,760 | $366,367 |
| Salaries and wages | $4,556 | $13,050 | $27,200 | $47,022 | $64,055 | $87,819 | $131,806 |
| Taxable interest | $291 | $396 | $746 | $1,199 | $1,417 | $2,024 | $3,150 |
| Ordinary dividends | $112 | $257 | $506 | $846 | $1,829 | $3,377 | $0 |
| Business or professional net income | $327 | $1,285 | $1,299 | $1,186 | $3,510 | $6,852 | $0 |
| Net capital gain | $-49 | $75 | $208 | $336 | $1,754 | $1,321 | $68,786 |
| Taxable individual retirement account distributions | $0 | $566 | $941 | $1,068 | $2,116 | $4,958 | $0 |
| Taxable pensions and annuities | $369 | $2,020 | $3,857 | $6,226 | $6,790 | $15,675 | $0 |
| Unemployment compensation | $0 | $275 | $250 | $276 | $133 | $0 | $0 |
| Taxable Social Security benefits | $0 | $71 | $1,071 | $2,897 | $3,137 | $4,903 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $688 | $1,886 | $5,156 | $11,675 | $18,004 | $26,401 | $77,301 |
| State and local income taxes | $42 | $98 | $648 | $2,326 | $4,720 | $6,821 | $16,665 |
| State and local general sales tax | $5 | $24 | $31 | $65 | $0 | $0 | $0 |
| Real estate taxes | $49 | $94 | $355 | $909 | $1,432 | $1,889 | $2,434 |
| Taxes paid | $99 | $234 | $1,093 | $3,446 | $6,470 | $9,212 | $19,498 |
| Mortgage interest paid | $221 | $496 | $1,327 | $3,628 | $5,560 | $6,670 | $15,350 |
| Contributions | $40 | $339 | $1,225 | $2,667 | $4,000 | $7,527 | $14,724 |
| Taxable income | $238 | $4,578 | $17,423 | $36,017 | $55,168 | $88,246 | $277,914 |
| Total tax credits | $0 | $96 | $507 | $902 | $1,135 | $572 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $24 | $273 | $652 | $762 | $411 | $0 |
| Child and dependent care credit | $0 | $0 | $16 | $43 | $31 | $29 | $0 |
| Earned income credit | $324 | $985 | $245 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $277 | $801 | $199 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $3,164 |
| Income tax | $23 | $392 | $1,567 | $3,854 | $6,452 | $13,982 | $62,809 |
| Total tax liability | $153 | $695 | $1,943 | $4,323 | $7,627 | $15,101 | $64,510 |
| Tax due at time of filing | $32 | $81 | $275 | $293 | $946 | $3,051 | $0 |
| Overpayments refunded | $-577 | $-1,871 | $-1,977 | $-2,065 | $-2,533 | $-2,362 | $0 |
| Total Tax Liability / AGI | 4% | 4% | 5% | 7% | 9% | 12% | 18% |
All numbers in the table are 2010 averages for that income class and zip code.
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