IRS Income Data for Canton, MI 48188
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 15% | 14% | 17% | 14% | 13% | 22% | 4% |
| Number of returns | 2,716 | 2,624 | 3,101 | 2,609 | 2,398 | 4,046 | 672 |
| Number of joint returns | 216 | 427 | 876 | 1,240 | 1,751 | 3,656 | 624 |
| Number of returns from paid preparer | 1,145 | 1,364 | 1,660 | 1,435 | 1,217 | 1,937 | 401 |
| Total number of exemptions | 1,980 | 4,054 | 5,694 | 5,718 | 6,502 | 13,153 | 2,349 |
| Total number of dependents | 275 | 695 | 947 | 1,000 | 1,191 | 2,638 | 479 |
| Adjusted gross income | $3,757 | $16,965 | $36,756 | $62,415 | $86,927 | $135,422 | $326,206 |
| Salaries and wages | $4,534 | $12,655 | $28,753 | $50,219 | $73,065 | $120,909 | $247,545 |
| Taxable interest | $208 | $461 | $715 | $935 | $1,117 | $1,354 | $3,799 |
| Ordinary dividends | $112 | $223 | $307 | $606 | $594 | $850 | $2,815 |
| Business or professional net income | $-2 | $948 | $716 | $1,069 | $1,116 | $1,906 | $8,863 |
| Net capital gain | $-58 | $-61 | $-64 | $-70 | $-91 | $95 | $5,965 |
| Taxable individual retirement account distributions | $113 | $380 | $860 | $1,406 | $1,671 | $1,944 | $4,311 |
| Taxable pensions and annuities | $421 | $2,100 | $4,329 | $6,116 | $6,583 | $6,042 | $7,723 |
| Unemployment compensation | $107 | $583 | $611 | $526 | $442 | $366 | $190 |
| Taxable Social Security benefits | $0 | $115 | $1,066 | $2,290 | $2,254 | $1,281 | $513 |
| Self-employment retirement plans | $0 | $0 | $0 | $29 | $48 | $146 | $1,094 |
| Total itemized deductions | $922 | $2,095 | $5,797 | $12,319 | $17,510 | $25,427 | $41,933 |
| State and local income taxes | $49 | $76 | $464 | $1,607 | $2,752 | $5,220 | $13,508 |
| State and local general sales tax | $9 | $33 | $60 | $68 | $61 | $38 | $0 |
| Real estate taxes | $182 | $396 | $1,082 | $2,200 | $3,086 | $4,372 | $5,961 |
| Taxes paid | $250 | $534 | $1,675 | $4,039 | $6,137 | $9,910 | $20,482 |
| Mortgage interest paid | $403 | $809 | $2,656 | $5,666 | $8,192 | $11,028 | $13,943 |
| Contributions | $21 | $166 | $534 | $1,260 | $1,759 | $2,928 | $6,678 |
| Taxable income | $331 | $5,340 | $19,937 | $39,480 | $57,979 | $97,900 | $273,108 |
| Total tax credits | $0 | $89 | $337 | $608 | $946 | $649 | $2,324 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $25 | $183 | $450 | $686 | $457 | $0 |
| Child and dependent care credit | $0 | $4 | $21 | $24 | $39 | $80 | $93 |
| Earned income credit | $197 | $745 | $179 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $168 | $641 | $142 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $8 | $0 | $74 | $2,176 |
| Income tax | $32 | $492 | $2,214 | $5,207 | $7,837 | $16,966 | $67,301 |
| Total tax liability | $106 | $682 | $2,408 | $5,473 | $8,134 | $17,362 | $68,922 |
| Tax due at time of filing | $23 | $72 | $157 | $285 | $361 | $810 | $6,828 |
| Overpayments refunded | $-552 | $-1,798 | $-2,069 | $-2,939 | $-3,461 | $-3,134 | $-4,100 |
| Total Tax Liability / AGI | 3% | 4% | 7% | 9% | 9% | 13% | 21% |
All numbers in the table are 2010 averages for that income class and zip code.
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