IRS Income Data for Sherwood, OH 43556
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 17% | 26% | 29% | 17% | 7% | 4% | 0% |
| Number of returns | 148 | 233 | 263 | 154 | 62 | 36 | 0 |
| Number of joint returns | 23 | 62 | 100 | 115 | 55 | 35 | 0 |
| Number of returns from paid preparer | 74 | 121 | 175 | 100 | 40 | 22 | 0 |
| Total number of exemptions | 169 | 416 | 521 | 421 | 180 | 122 | 0 |
| Total number of dependents | 29 | 64 | 86 | 79 | 30 | 22 | 0 |
| Adjusted gross income | $4,408 | $17,382 | $35,877 | $60,118 | $85,097 | $128,601 | |
| Salaries and wages | $5,252 | $12,262 | $25,478 | $48,900 | $67,922 | $92,202 | |
| Taxable interest | $299 | $427 | $1,084 | $936 | $2,037 | $467 | |
| Ordinary dividends | $26 | $168 | $211 | $112 | $282 | $706 | |
| Business or professional net income | $507 | $419 | $367 | $1,525 | $0 | $0 | |
| Net capital gain | $-105 | $-19 | $9 | $-66 | $342 | $0 | |
| Taxable individual retirement account distributions | $0 | $331 | $568 | $961 | $0 | $0 | |
| Taxable pensions and annuities | $486 | $3,199 | $6,010 | $5,455 | $10,075 | $0 | |
| Unemployment compensation | $0 | $576 | $609 | $535 | $1,072 | $0 | |
| Taxable Social Security benefits | $0 | $74 | $1,103 | $2,467 | $0 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $914 | $2,104 | $4,972 | $4,579 | $14,332 | |
| State and local income taxes | $0 | $39 | $339 | $1,058 | $1,288 | $4,936 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $80 | $225 | $566 | $576 | $1,430 | |
| Taxes paid | $0 | $127 | $571 | $1,640 | $1,869 | $6,612 | |
| Mortgage interest paid | $0 | $0 | $869 | $1,811 | $1,775 | $5,123 | |
| Contributions | $0 | $0 | $276 | $1,111 | $913 | $1,659 | |
| Taxable income | $199 | $5,039 | $19,903 | $38,713 | $62,347 | $98,521 | |
| Total tax credits | $0 | $59 | $316 | $1,010 | $1,045 | $882 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $28 | $241 | $736 | $726 | $618 | |
| Child and dependent care credit | $0 | $0 | $0 | $61 | $0 | $0 | |
| Earned income credit | $502 | $958 | $231 | $0 | $0 | $0 | |
| Excess earned income credit | $460 | $885 | $187 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $20 | $492 | $2,202 | $4,304 | $7,914 | $15,172 | |
| Total tax liability | $175 | $602 | $2,362 | $4,659 | $8,454 | $16,176 | |
| Tax due at time of filing | $0 | $53 | $195 | $231 | $818 | $0 | |
| Overpayments refunded | $-923 | $-2,192 | $-2,058 | $-2,561 | $-2,945 | $-2,668 | |
| Total Tax Liability / AGI | 4% | 3% | 7% | 8% | 10% | 13% |
All numbers in the table are 2010 averages for that income class and zip code.
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