IRS Income Data for Grand Rapids, MI 49546
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 22% | 16% | 16% | 12% | 9% | 16% | 8% |
| Number of returns | 3,142 | 2,332 | 2,304 | 1,652 | 1,304 | 2,276 | 1,132 |
| Number of joint returns | 251 | 439 | 805 | 931 | 1,032 | 2,021 | 1,029 |
| Number of returns from paid preparer | 1,502 | 1,220 | 1,301 | 1,001 | 765 | 1,306 | 884 |
| Total number of exemptions | 2,385 | 3,648 | 4,280 | 3,803 | 3,524 | 6,946 | 3,551 |
| Total number of dependents | 334 | 584 | 634 | 623 | 591 | 1,278 | 629 |
| Adjusted gross income | $3,155 | $16,828 | $36,448 | $62,027 | $86,916 | $136,920 | $558,596 |
| Salaries and wages | $5,282 | $10,762 | $24,467 | $40,001 | $57,985 | $99,231 | $271,219 |
| Taxable interest | $577 | $928 | $1,402 | $2,113 | $2,374 | $3,275 | $22,524 |
| Ordinary dividends | $684 | $914 | $1,489 | $2,680 | $3,803 | $4,782 | $36,285 |
| Business or professional net income | $-154 | $1,035 | $1,532 | $2,025 | $3,107 | $5,122 | $16,432 |
| Net capital gain | $110 | $-21 | $39 | $303 | $996 | $2,084 | $35,329 |
| Taxable individual retirement account distributions | $341 | $1,118 | $1,926 | $3,849 | $4,681 | $6,167 | $8,920 |
| Taxable pensions and annuities | $383 | $2,022 | $3,664 | $5,878 | $7,314 | $7,069 | $7,523 |
| Unemployment compensation | $49 | $398 | $367 | $390 | $265 | $230 | $110 |
| Taxable Social Security benefits | $0 | $197 | $1,999 | $4,782 | $5,766 | $4,613 | $4,261 |
| Self-employment retirement plans | $0 | $0 | $45 | $100 | $179 | $586 | $3,470 |
| Total itemized deductions | $2,127 | $3,430 | $6,652 | $12,647 | $17,568 | $26,387 | $77,933 |
| State and local income taxes | $136 | $130 | $526 | $1,547 | $2,729 | $5,825 | $26,981 |
| State and local general sales tax | $11 | $48 | $71 | $92 | $109 | $75 | $39 |
| Real estate taxes | $296 | $473 | $1,029 | $2,071 | $3,034 | $4,376 | $9,673 |
| Taxes paid | $441 | $680 | $1,704 | $3,866 | $6,096 | $10,559 | $35,881 |
| Mortgage interest paid | $588 | $669 | $1,954 | $4,062 | $5,737 | $8,342 | $14,197 |
| Contributions | $34 | $434 | $1,087 | $2,022 | $3,091 | $4,853 | $22,633 |
| Taxable income | $305 | $4,655 | $18,830 | $38,177 | $57,645 | $99,102 | $472,592 |
| Total tax credits | $1 | $84 | $312 | $650 | $936 | $588 | $786 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $21 | $169 | $474 | $611 | $368 | $0 |
| Child and dependent care credit | $0 | $5 | $13 | $28 | $31 | $36 | $26 |
| Earned income credit | $199 | $763 | $175 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $176 | $669 | $136 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $11 | $0 | $163 | $4,857 |
| Income tax | $29 | $404 | $1,997 | $4,641 | $7,271 | $16,976 | $117,199 |
| Total tax liability | $112 | $603 | $2,342 | $5,088 | $7,911 | $18,012 | $120,055 |
| Tax due at time of filing | $25 | $80 | $234 | $382 | $561 | $1,240 | $11,952 |
| Overpayments refunded | $-854 | $-1,707 | $-1,892 | $-2,346 | $-2,847 | $-3,479 | $-8,990 |
| Total Tax Liability / AGI | 4% | 4% | 6% | 8% | 9% | 13% | 21% |
All numbers in the table are 2010 averages for that income class and zip code.
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