IRS Income Data for Indianola, IA 50125
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 17% | 18% | 22% | 16% | 12% | 12% | 2% |
| Number of returns | 1,415 | 1,523 | 1,872 | 1,335 | 1,023 | 1,026 | 173 |
| Number of joint returns | 112 | 299 | 685 | 937 | 939 | 972 | 159 |
| Number of returns from paid preparer | 730 | 993 | 1,328 | 978 | 719 | 707 | 147 |
| Total number of exemptions | 1,013 | 2,195 | 3,642 | 3,411 | 3,035 | 3,157 | 516 |
| Total number of dependents | 115 | 306 | 623 | 589 | 553 | 576 | 87 |
| Adjusted gross income | $3,988 | $17,334 | $36,625 | $62,246 | $87,154 | $128,612 | $376,597 |
| Salaries and wages | $4,337 | $12,515 | $28,601 | $48,153 | $71,228 | $104,328 | $225,427 |
| Taxable interest | $310 | $591 | $755 | $1,016 | $1,119 | $1,737 | $8,023 |
| Ordinary dividends | $182 | $463 | $594 | $787 | $1,004 | $1,986 | $7,139 |
| Business or professional net income | $97 | $693 | $934 | $2,009 | $1,958 | $3,709 | $15,579 |
| Net capital gain | $-25 | $72 | $152 | $545 | $640 | $2,134 | $29,841 |
| Taxable individual retirement account distributions | $137 | $643 | $994 | $1,619 | $1,821 | $1,487 | $7,930 |
| Taxable pensions and annuities | $486 | $2,312 | $3,207 | $4,507 | $5,436 | $6,848 | $7,057 |
| Unemployment compensation | $41 | $300 | $316 | $355 | $380 | $127 | $0 |
| Taxable Social Security benefits | $0 | $120 | $1,302 | $2,808 | $2,633 | $2,381 | $3,456 |
| Self-employment retirement plans | $0 | $0 | $26 | $0 | $0 | $302 | $1,897 |
| Total itemized deductions | $1,045 | $2,570 | $5,423 | $9,870 | $14,929 | $22,071 | $48,531 |
| State and local income taxes | $30 | $103 | $573 | $1,556 | $3,168 | $6,206 | $20,530 |
| State and local general sales tax | $10 | $34 | $35 | $33 | $0 | $0 | $0 |
| Real estate taxes | $131 | $301 | $704 | $1,287 | $1,974 | $3,002 | $4,685 |
| Taxes paid | $207 | $456 | $1,372 | $2,990 | $5,402 | $9,530 | $25,591 |
| Mortgage interest paid | $243 | $458 | $1,779 | $3,924 | $6,050 | $8,050 | $10,490 |
| Contributions | $35 | $229 | $599 | $1,055 | $1,594 | $2,858 | $7,513 |
| Taxable income | $383 | $5,446 | $19,275 | $38,886 | $59,158 | $94,673 | $318,491 |
| Total tax credits | $0 | $79 | $387 | $883 | $1,310 | $729 | $182 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $15 | $0 | $0 |
| Child tax credit | $0 | $22 | $228 | $588 | $801 | $488 | $0 |
| Child and dependent care credit | $0 | $10 | $35 | $69 | $105 | $91 | $36 |
| Earned income credit | $219 | $579 | $170 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $192 | $527 | $131 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $57 | $2,710 |
| Income tax | $50 | $510 | $1,987 | $4,440 | $7,015 | $15,587 | $81,616 |
| Total tax liability | $125 | $640 | $2,222 | $4,889 | $7,525 | $16,399 | $84,191 |
| Tax due at time of filing | $43 | $72 | $182 | $497 | $535 | $1,265 | $8,122 |
| Overpayments refunded | $-541 | $-1,641 | $-2,129 | $-2,386 | $-2,799 | $-2,499 | $-6,029 |
| Total Tax Liability / AGI | 3% | 4% | 6% | 8% | 9% | 13% | 22% |
All numbers in the table are 2010 averages for that income class and zip code.
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