IRS Income Data for Jamestown, KY 42629
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 23% | 31% | 25% | 11% | 5% | 4% | 1% |
| Number of returns | 442 | 602 | 486 | 214 | 97 | 81 | 24 |
| Number of joint returns | 100 | 232 | 268 | 173 | 86 | 71 | 19 |
| Number of returns from paid preparer | 341 | 496 | 392 | 176 | 70 | 67 | 23 |
| Total number of exemptions | 618 | 1,224 | 1,057 | 546 | 252 | 223 | 62 |
| Total number of dependents | 107 | 243 | 175 | 95 | 47 | 42 | 10 |
| Adjusted gross income | $3,057 | $17,016 | $35,143 | $61,224 | $85,270 | $131,117 | $345,131 |
| Salaries and wages | $4,654 | $12,446 | $25,585 | $45,718 | $58,240 | $87,578 | $181,006 |
| Taxable interest | $352 | $536 | $809 | $1,276 | $3,250 | $1,968 | $8,023 |
| Ordinary dividends | $108 | $59 | $364 | $568 | $1,064 | $1,698 | $0 |
| Business or professional net income | $489 | $1,015 | $1,143 | $1,375 | $2,354 | $8,269 | $24,746 |
| Net capital gain | $110 | $-12 | $171 | $1,095 | $1,501 | $3,548 | $32,635 |
| Taxable individual retirement account distributions | $0 | $335 | $397 | $942 | $3,449 | $10,187 | $0 |
| Taxable pensions and annuities | $720 | $2,405 | $6,127 | $7,486 | $11,631 | $12,521 | $0 |
| Unemployment compensation | $151 | $567 | $704 | $724 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $63 | $998 | $2,113 | $3,854 | $3,090 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $1,059 | $1,150 | $3,077 | $7,483 | $12,707 | $24,598 | $46,259 |
| State and local income taxes | $54 | $95 | $299 | $1,245 | $2,941 | $6,123 | $19,719 |
| State and local general sales tax | $0 | $29 | $24 | $100 | $0 | $0 | $0 |
| Real estate taxes | $67 | $60 | $162 | $427 | $803 | $1,724 | $3,432 |
| Taxes paid | $167 | $197 | $548 | $1,846 | $4,060 | $8,566 | $23,763 |
| Mortgage interest paid | $234 | $299 | $846 | $2,936 | $4,690 | $8,563 | $10,264 |
| Contributions | $0 | $161 | $363 | $1,200 | $2,634 | $5,410 | $10,221 |
| Taxable income | $125 | $3,536 | $17,199 | $38,659 | $59,500 | $94,995 | $290,429 |
| Total tax credits | $0 | $53 | $346 | $672 | $717 | $487 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $27 | $239 | $485 | $452 | $349 | $0 |
| Child and dependent care credit | $0 | $0 | $7 | $51 | $63 | $0 | $0 |
| Earned income credit | $570 | $1,244 | $315 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $475 | $1,081 | $257 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $2,972 |
| Income tax | $12 | $323 | $1,689 | $4,474 | $7,540 | $16,127 | $75,244 |
| Total tax liability | $147 | $535 | $1,936 | $4,917 | $7,997 | $17,413 | $78,403 |
| Tax due at time of filing | $23 | $42 | $152 | $534 | $409 | $1,161 | $9,289 |
| Overpayments refunded | $-997 | $-2,304 | $-2,075 | $-1,821 | $-2,271 | $-4,350 | $0 |
| Total Tax Liability / AGI | 5% | 3% | 6% | 8% | 9% | 13% | 23% |
All numbers in the table are 2010 averages for that income class and zip code.
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