IRS Income Data for Vesta, MN 56292
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 19% | 23% | 31% | 14% | 8% | 5% | 0% |
| Number of returns | 58 | 73 | 98 | 43 | 25 | 15 | 0 |
| Number of joint returns | 0 | 32 | 49 | 38 | 24 | 13 | 0 |
| Number of returns from paid preparer | 43 | 61 | 86 | 38 | 23 | 15 | 0 |
| Total number of exemptions | 46 | 129 | 217 | 115 | 86 | 47 | 0 |
| Total number of dependents | 0 | 22 | 37 | 22 | 23 | 0 | 0 |
| Adjusted gross income | $4,446 | $18,151 | $37,221 | $64,036 | $85,497 | $132,803 | |
| Salaries and wages | $5,022 | $13,062 | $23,059 | $41,545 | $40,876 | $42,566 | |
| Taxable interest | $93 | $605 | $1,796 | $3,077 | $1,469 | $3,690 | |
| Ordinary dividends | $0 | $63 | $121 | $144 | $779 | $0 | |
| Business or professional net income | $0 | $875 | $1,601 | $0 | $0 | $0 | |
| Net capital gain | $0 | $-130 | $715 | $1,265 | $1,086 | $0 | |
| Taxable individual retirement account distributions | $0 | $390 | $579 | $0 | $0 | $0 | |
| Taxable pensions and annuities | $0 | $0 | $2,744 | $0 | $0 | $0 | |
| Unemployment compensation | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $1,145 | $5,926 | $0 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $0 | $0 | $5,177 | $0 | $12,962 | $0 | |
| State and local income taxes | $0 | $0 | $557 | $0 | $2,993 | $0 | |
| State and local general sales tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $0 | $161 | $0 | $689 | $0 | |
| Taxes paid | $0 | $0 | $788 | $0 | $4,260 | $0 | |
| Mortgage interest paid | $0 | $0 | $0 | $3,703 | $0 | $0 | |
| Contributions | $0 | $0 | $623 | $0 | $1,522 | $0 | |
| Taxable income | $461 | $5,018 | $19,460 | $42,090 | $57,974 | $108,182 | |
| Total tax credits | $0 | $136 | $399 | $841 | $2,452 | $0 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $304 | $520 | $1,644 | $0 | |
| Child and dependent care credit | $0 | $0 | $0 | $253 | $0 | $0 | |
| Earned income credit | $0 | $899 | $186 | $0 | $0 | $0 | |
| Excess earned income credit | $0 | $751 | $158 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $46 | $410 | $1,975 | $4,535 | $6,228 | $18,554 | |
| Total tax liability | $103 | $880 | $3,067 | $5,766 | $9,375 | $28,476 | |
| Tax due at time of filing | $0 | $371 | $1,070 | $1,985 | $5,805 | $23,645 | |
| Overpayments refunded | $-484 | $-1,579 | $-1,360 | $-2,021 | $0 | $0 | |
| Total Tax Liability / AGI | 2% | 5% | 8% | 9% | 11% | 21% |
All numbers in the table are 2010 averages for that income class and zip code.
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