IRS Income Data for Willow River, MN 55795
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 20% | 25% | 29% | 15% | 7% | 4% | 0% |
| Number of returns | 132 | 161 | 187 | 97 | 46 | 29 | 0 |
| Number of joint returns | 13 | 36 | 77 | 70 | 42 | 26 | 0 |
| Number of returns from paid preparer | 66 | 89 | 122 | 78 | 33 | 24 | 0 |
| Total number of exemptions | 130 | 283 | 366 | 240 | 124 | 84 | 0 |
| Total number of dependents | 16 | 48 | 57 | 40 | 21 | 15 | 0 |
| Adjusted gross income | $3,276 | $17,657 | $36,818 | $62,169 | $84,895 | $158,485 | |
| Salaries and wages | $4,327 | $12,766 | $28,921 | $47,752 | $65,157 | $93,979 | |
| Taxable interest | $820 | $1,047 | $739 | $918 | $671 | $2,249 | |
| Ordinary dividends | $80 | $34 | $70 | $303 | $0 | $0 | |
| Business or professional net income | $-178 | $498 | $37 | $82 | $34 | $0 | |
| Net capital gain | $-82 | $47 | $150 | $513 | $0 | $0 | |
| Taxable individual retirement account distributions | $0 | $817 | $729 | $2,114 | $0 | $0 | |
| Taxable pensions and annuities | $594 | $2,103 | $3,916 | $7,300 | $13,923 | $0 | |
| Unemployment compensation | $0 | $717 | $1,933 | $2,026 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $104 | $762 | $2,509 | $4,428 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $1,467 | $1,757 | $4,324 | $11,028 | $17,724 | $25,903 | |
| State and local income taxes | $0 | $147 | $526 | $1,712 | $2,970 | $9,291 | |
| State and local general sales tax | $40 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $151 | $137 | $325 | $946 | $1,514 | $2,124 | |
| Taxes paid | $219 | $275 | $928 | $2,836 | $4,682 | $11,644 | |
| Mortgage interest paid | $0 | $729 | $1,826 | $4,494 | $6,593 | $4,896 | |
| Contributions | $0 | $88 | $209 | $442 | $755 | $1,129 | |
| Taxable income | $181 | $4,902 | $19,727 | $37,857 | $54,961 | $121,457 | |
| Total tax credits | $0 | $62 | $297 | $670 | $899 | $0 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $218 | $454 | $816 | $0 | |
| Child and dependent care credit | $0 | $0 | $0 | $111 | $0 | $0 | |
| Earned income credit | $257 | $1,077 | $135 | $0 | $0 | $0 | |
| Excess earned income credit | $236 | $991 | $99 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $18 | $482 | $2,120 | $4,398 | $6,709 | $25,090 | |
| Total tax liability | $82 | $646 | $2,201 | $4,519 | $7,066 | $25,844 | |
| Tax due at time of filing | $0 | $86 | $95 | $241 | $659 | $0 | |
| Overpayments refunded | $-525 | $-2,193 | $-1,912 | $-2,385 | $-2,688 | $-2,925 | |
| Total Tax Liability / AGI | 2% | 4% | 6% | 7% | 8% | 16% |
All numbers in the table are 2010 averages for that income class and zip code.
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