IRS Income Data for Hubbard Lake, MI 49747
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 22% | 26% | 23% | 16% | 8% | 5% | 0% |
| Number of returns | 196 | 224 | 202 | 136 | 74 | 40 | 0 |
| Number of joint returns | 47 | 82 | 131 | 106 | 64 | 36 | 0 |
| Number of returns from paid preparer | 120 | 149 | 149 | 99 | 54 | 34 | 0 |
| Total number of exemptions | 244 | 383 | 429 | 309 | 172 | 104 | 0 |
| Total number of dependents | 17 | 51 | 52 | 34 | 21 | 12 | 0 |
| Adjusted gross income | $2,268 | $16,912 | $35,998 | $61,225 | $86,691 | $170,292 | |
| Salaries and wages | $2,866 | $8,154 | $16,954 | $32,393 | $41,783 | $75,532 | |
| Taxable interest | $508 | $591 | $1,242 | $1,693 | $3,411 | $2,930 | |
| Ordinary dividends | $121 | $341 | $699 | $1,267 | $2,343 | $2,484 | |
| Business or professional net income | $-229 | $830 | $581 | $1,120 | $1,395 | $0 | |
| Net capital gain | $67 | $-171 | $34 | $954 | $1,368 | $3,579 | |
| Taxable individual retirement account distributions | $151 | $908 | $2,371 | $2,159 | $5,825 | $8,569 | |
| Taxable pensions and annuities | $928 | $4,620 | $10,426 | $14,087 | $18,196 | $20,606 | |
| Unemployment compensation | $225 | $1,005 | $596 | $616 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $168 | $2,147 | $5,635 | $8,576 | $6,855 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $1,415 | $1,743 | $4,593 | $7,072 | $7,495 | $21,914 | |
| State and local income taxes | $0 | $55 | $267 | $618 | $967 | $4,416 | |
| State and local general sales tax | $0 | $53 | $146 | $299 | $0 | $0 | |
| Real estate taxes | $335 | $223 | $579 | $877 | $1,306 | $4,126 | |
| Taxes paid | $408 | $324 | $1,100 | $1,836 | $2,450 | $9,181 | |
| Mortgage interest paid | $0 | $897 | $1,514 | $2,057 | $2,577 | $8,855 | |
| Contributions | $0 | $86 | $351 | $822 | $1,399 | $2,955 | |
| Taxable income | $130 | $3,552 | $16,511 | $39,120 | $63,033 | $134,714 | |
| Total tax credits | $0 | $48 | $260 | $465 | $394 | $306 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $161 | $379 | $278 | $0 | |
| Child and dependent care credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Earned income credit | $201 | $616 | $163 | $0 | $0 | $0 | |
| Excess earned income credit | $169 | $558 | $135 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $12 | $323 | $1,646 | $4,690 | $8,619 | $27,247 | |
| Total tax liability | $91 | $517 | $1,901 | $4,960 | $8,999 | $23,597 | |
| Tax due at time of filing | $24 | $92 | $191 | $482 | $406 | $778 | |
| Overpayments refunded | $-462 | $-1,429 | $-1,920 | $-1,727 | $-2,143 | $-1,704 | |
| Total Tax Liability / AGI | 4% | 3% | 5% | 8% | 10% | 14% |
All numbers in the table are 2010 averages for that income class and zip code.
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