IRS Income Data for Bethel, MN 55005
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 14% | 15% | 23% | 19% | 15% | 14% | 1% |
| Number of returns | 274 | 286 | 449 | 374 | 291 | 271 | 23 |
| Number of joint returns | 24 | 52 | 145 | 244 | 261 | 254 | 17 |
| Number of returns from paid preparer | 117 | 154 | 246 | 215 | 172 | 167 | 17 |
| Total number of exemptions | 222 | 442 | 851 | 947 | 900 | 837 | 66 |
| Total number of dependents | 32 | 70 | 150 | 154 | 170 | 164 | 13 |
| Adjusted gross income | $3,653 | $17,701 | $37,118 | $62,769 | $86,872 | $125,840 | $367,752 |
| Salaries and wages | $5,430 | $14,212 | $30,291 | $53,605 | $76,260 | $111,705 | $168,710 |
| Taxable interest | $144 | $244 | $260 | $590 | $348 | $790 | $3,569 |
| Ordinary dividends | $100 | $95 | $237 | $118 | $103 | $525 | $0 |
| Business or professional net income | $184 | $1,251 | $1,616 | $1,058 | $1,284 | $1,617 | $0 |
| Net capital gain | $-3 | $-5 | $7 | $-65 | $152 | $384 | $0 |
| Taxable individual retirement account distributions | $0 | $519 | $898 | $876 | $1,498 | $2,716 | $0 |
| Taxable pensions and annuities | $132 | $1,434 | $2,598 | $4,253 | $3,697 | $3,044 | $0 |
| Unemployment compensation | $0 | $499 | $671 | $857 | $823 | $633 | $0 |
| Taxable Social Security benefits | $0 | $41 | $690 | $1,384 | $1,493 | $935 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total itemized deductions | $2,725 | $1,984 | $7,134 | $14,232 | $18,452 | $26,394 | $49,317 |
| State and local income taxes | $71 | $137 | $707 | $2,082 | $3,401 | $6,420 | $20,564 |
| State and local general sales tax | $13 | $12 | $26 | $60 | $0 | $0 | $0 |
| Real estate taxes | $281 | $270 | $918 | $1,737 | $2,089 | $2,862 | $4,524 |
| Taxes paid | $415 | $430 | $1,710 | $3,964 | $5,750 | $9,559 | $25,404 |
| Mortgage interest paid | $1,281 | $1,068 | $3,976 | $7,989 | $9,943 | $12,208 | $13,856 |
| Contributions | $0 | $113 | $322 | $842 | $1,114 | $1,822 | $4,393 |
| Taxable income | $327 | $5,798 | $19,381 | $36,841 | $56,064 | $88,246 | $309,457 |
| Total tax credits | $0 | $75 | $336 | $693 | $1,240 | $754 | $0 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $29 | $220 | $576 | $972 | $593 | $0 |
| Child and dependent care credit | $0 | $0 | $36 | $27 | $88 | $101 | $0 |
| Earned income credit | $239 | $737 | $151 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $209 | $605 | $97 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $4,744 |
| Income tax | $33 | $558 | $2,105 | $4,466 | $6,677 | $14,237 | $78,210 |
| Total tax liability | $123 | $779 | $2,450 | $4,783 | $7,023 | $14,673 | $70,355 |
| Tax due at time of filing | $26 | $90 | $280 | $324 | $365 | $1,447 | $0 |
| Overpayments refunded | $-644 | $-1,722 | $-1,944 | $-2,700 | $-2,837 | $-2,873 | $0 |
| Total Tax Liability / AGI | 3% | 4% | 7% | 8% | 8% | 12% | 19% |
All numbers in the table are 2010 averages for that income class and zip code.
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