IRS Income Data for Lake Linden, MI 49945
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 22% | 26% | 24% | 16% | 8% | 4% | 1% |
| Number of returns | 260 | 308 | 285 | 196 | 92 | 46 | 12 |
| Number of joint returns | 38 | 84 | 148 | 156 | 83 | 43 | 10 |
| Number of returns from paid preparer | 103 | 147 | 152 | 103 | 52 | 33 | 11 |
| Total number of exemptions | 270 | 518 | 574 | 493 | 257 | 131 | 28 |
| Total number of dependents | 29 | 79 | 82 | 72 | 38 | 24 | 0 |
| Adjusted gross income | $4,211 | $17,011 | $35,731 | $61,533 | $85,206 | $123,443 | $393,533 |
| Salaries and wages | $3,570 | $11,114 | $24,071 | $42,363 | $54,943 | $88,135 | $203,001 |
| Taxable interest | $247 | $552 | $768 | $1,493 | $1,491 | $1,992 | $0 |
| Ordinary dividends | $161 | $431 | $485 | $1,066 | $1,427 | $3,213 | $0 |
| Business or professional net income | $70 | $230 | $777 | $1,200 | $2,338 | $8,120 | $0 |
| Net capital gain | $-78 | $71 | $40 | $480 | $2,935 | $689 | $0 |
| Taxable individual retirement account distributions | $280 | $684 | $1,324 | $2,448 | $4,811 | $0 | $0 |
| Taxable pensions and annuities | $480 | $3,740 | $5,929 | $8,503 | $10,341 | $10,998 | $0 |
| Unemployment compensation | $244 | $625 | $817 | $752 | $0 | $0 | $0 |
| Taxable Social Security benefits | $0 | $127 | $1,492 | $3,862 | $7,526 | $0 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $0 | $1,395 | $1,568 | $4,792 | $9,326 | $17,747 | $39,596 |
| State and local income taxes | $0 | $0 | $194 | $559 | $1,162 | $3,509 | $20,229 |
| State and local general sales tax | $0 | $41 | $0 | $115 | $0 | $0 | $0 |
| Real estate taxes | $0 | $103 | $154 | $724 | $1,260 | $2,322 | $6,538 |
| Taxes paid | $0 | $150 | $460 | $1,403 | $2,684 | $6,027 | $26,977 |
| Mortgage interest paid | $0 | $339 | $486 | $1,360 | $3,326 | $7,460 | $0 |
| Contributions | $0 | $124 | $124 | $649 | $1,447 | $1,488 | $4,547 |
| Taxable income | $138 | $4,351 | $18,932 | $39,762 | $59,625 | $92,064 | $346,306 |
| Total tax credits | $0 | $47 | $323 | $678 | $915 | $566 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $25 | $192 | $514 | $543 | $438 | $0 |
| Child and dependent care credit | $0 | $0 | $0 | $43 | $0 | $0 | $0 |
| Earned income credit | $243 | $758 | $207 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $219 | $735 | $177 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income tax | $14 | $403 | $1,954 | $4,638 | $7,091 | $15,292 | $93,713 |
| Total tax liability | $65 | $460 | $2,106 | $4,850 | $7,475 | $15,954 | $98,016 |
| Tax due at time of filing | $17 | $34 | $116 | $409 | $467 | $785 | $0 |
| Overpayments refunded | $-636 | $-1,798 | $-1,790 | $-2,014 | $-2,209 | $-3,741 | $0 |
| Total Tax Liability / AGI | 2% | 3% | 6% | 8% | 9% | 13% | 25% |
All numbers in the table are 2010 averages for that income class and zip code.
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