IRS Income Data for Glencoe, KY 41046
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 24% | 25% | 27% | 16% | 5% | 3% | 0% |
| Number of returns | 182 | 192 | 210 | 122 | 37 | 24 | 0 |
| Number of joint returns | 27 | 48 | 93 | 95 | 35 | 21 | 0 |
| Number of returns from paid preparer | 109 | 128 | 138 | 93 | 30 | 13 | 0 |
| Total number of exemptions | 243 | 377 | 491 | 330 | 112 | 79 | 0 |
| Total number of dependents | 48 | 73 | 98 | 65 | 22 | 14 | 0 |
| Adjusted gross income | $2,784 | $17,166 | $36,249 | $61,420 | $85,555 | $137,856 | |
| Salaries and wages | $3,446 | $13,571 | $30,954 | $52,410 | $72,699 | $97,468 | |
| Taxable interest | $157 | $229 | $232 | $669 | $251 | $439 | |
| Ordinary dividends | $0 | $33 | $0 | $26 | $0 | $0 | |
| Business or professional net income | $276 | $1,241 | $761 | $688 | $0 | $0 | |
| Net capital gain | $0 | $135 | $253 | $70 | $0 | $0 | |
| Taxable individual retirement account distributions | $138 | $0 | $856 | $0 | $0 | $0 | |
| Taxable pensions and annuities | $469 | $1,043 | $2,242 | $4,339 | $10,195 | $0 | |
| Unemployment compensation | $0 | $562 | $647 | $767 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $711 | $2,368 | $0 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $1,247 | $985 | $3,366 | $7,974 | $13,386 | $21,116 | |
| State and local income taxes | $0 | $77 | $525 | $1,758 | $3,461 | $6,395 | |
| State and local general sales tax | $24 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $53 | $67 | $195 | $572 | $1,059 | $1,371 | |
| Taxes paid | $202 | $133 | $801 | $2,536 | $4,896 | $8,667 | |
| Mortgage interest paid | $0 | $982 | $1,313 | $3,541 | $5,702 | $6,877 | |
| Contributions | $104 | $0 | $403 | $774 | $1,815 | $2,970 | |
| Taxable income | $122 | $4,519 | $18,308 | $38,823 | $58,093 | $102,614 | |
| Total tax credits | $0 | $49 | $440 | $814 | $872 | $0 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $32 | $357 | $615 | $1,208 | $0 | |
| Child and dependent care credit | $0 | $0 | $30 | $0 | $0 | $0 | |
| Earned income credit | $442 | $1,134 | $291 | $0 | $0 | $0 | |
| Excess earned income credit | $384 | $1,002 | $220 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $12 | $428 | $1,803 | $4,465 | $7,307 | $14,978 | |
| Total tax liability | $153 | $658 | $2,023 | $4,746 | $7,841 | $15,276 | |
| Tax due at time of filing | $55 | $0 | $43 | $427 | $1,081 | $0 | |
| Overpayments refunded | $-715 | $-2,245 | $-2,555 | $-2,408 | $-2,496 | $-1,751 | |
| Total Tax Liability / AGI | 6% | 4% | 6% | 8% | 9% | 11% |
All numbers in the table are 2010 averages for that income class and zip code.
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