IRS Income Data for Oronoco, MN 55960
View threads near Oronoco, MN 55960 or Start a new Oronoco MN 55960 thread
| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 17% | 15% | 18% | 12% | 13% | 20% | 5% |
| Number of returns | 237 | 219 | 248 | 174 | 188 | 284 | 66 |
| Number of joint returns | 19 | 33 | 93 | 117 | 168 | 259 | 62 |
| Number of returns from paid preparer | 113 | 129 | 158 | 104 | 125 | 145 | 44 |
| Total number of exemptions | 162 | 331 | 459 | 401 | 546 | 865 | 210 |
| Total number of dependents | 22 | 64 | 69 | 55 | 90 | 167 | 42 |
| Adjusted gross income | $3,320 | $16,661 | $36,365 | $61,194 | $87,757 | $132,603 | $370,874 |
| Salaries and wages | $4,479 | $13,051 | $28,346 | $45,109 | $71,530 | $114,823 | $303,744 |
| Taxable interest | $193 | $643 | $1,083 | $1,265 | $1,350 | $1,476 | $3,274 |
| Ordinary dividends | $107 | $357 | $1,150 | $721 | $737 | $1,028 | $4,503 |
| Business or professional net income | $-874 | $383 | $902 | $1,122 | $1,326 | $2,992 | $20,419 |
| Net capital gain | $97 | $103 | $457 | $233 | $1,717 | $1,615 | $1,933 |
| Taxable individual retirement account distributions | $0 | $648 | $622 | $1,118 | $1,073 | $1,254 | $0 |
| Taxable pensions and annuities | $351 | $1,472 | $2,946 | $7,416 | $6,245 | $6,897 | $0 |
| Unemployment compensation | $0 | $503 | $474 | $666 | $0 | $370 | $0 |
| Taxable Social Security benefits | $0 | $78 | $1,204 | $2,636 | $3,110 | $1,836 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $443 | $0 |
| Total itemized deductions | $997 | $2,510 | $6,406 | $10,866 | $17,268 | $25,563 | $61,278 |
| State and local income taxes | $0 | $148 | $877 | $1,922 | $3,471 | $6,850 | $31,983 |
| State and local general sales tax | $0 | $27 | $48 | $0 | $0 | $0 | $0 |
| Real estate taxes | $0 | $135 | $700 | $1,349 | $2,169 | $3,278 | $5,723 |
| Taxes paid | $233 | $396 | $1,727 | $3,418 | $5,830 | $10,419 | $37,936 |
| Mortgage interest paid | $0 | $821 | $2,426 | $4,831 | $7,731 | $10,950 | $15,491 |
| Contributions | $0 | $72 | $577 | $925 | $1,784 | $2,836 | $8,531 |
| Taxable income | $508 | $4,864 | $18,761 | $38,052 | $58,010 | $95,619 | $299,956 |
| Total tax credits | $0 | $62 | $284 | $517 | $1,058 | $547 | $509 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $29 | $169 | $359 | $793 | $378 | $0 |
| Child and dependent care credit | $0 | $0 | $30 | $0 | $47 | $95 | $0 |
| Earned income credit | $203 | $726 | $117 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $187 | $666 | $81 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | $5,796 |
| Income tax | $46 | $454 | $1,968 | $4,747 | $7,106 | $16,264 | $80,254 |
| Total tax liability | $83 | $609 | $2,240 | $5,253 | $7,407 | $16,794 | $82,229 |
| Tax due at time of filing | $19 | $111 | $232 | $371 | $320 | $870 | $1,475 |
| Overpayments refunded | $-557 | $-1,623 | $-1,821 | $-1,997 | $-2,523 | $-2,290 | $-3,686 |
| Total Tax Liability / AGI | 3% | 4% | 6% | 9% | 8% | 13% | 22% |
All numbers in the table are 2010 averages for that income class and zip code.
Please discuss this service and make suggestions for improvement.