IRS Income Data for Hillman, MN 56338
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 20% | 26% | 27% | 16% | 7% | 4% | 0% |
| Number of returns | 159 | 203 | 214 | 127 | 55 | 35 | 0 |
| Number of joint returns | 43 | 62 | 104 | 102 | 51 | 32 | 0 |
| Number of returns from paid preparer | 100 | 140 | 156 | 100 | 47 | 28 | 0 |
| Total number of exemptions | 195 | 343 | 470 | 324 | 173 | 100 | 0 |
| Total number of dependents | 17 | 52 | 74 | 53 | 32 | 16 | 0 |
| Adjusted gross income | $-1,705 | $17,309 | $36,138 | $61,619 | $85,615 | $143,247 | |
| Salaries and wages | $5,538 | $13,245 | $29,763 | $49,950 | $67,911 | $79,755 | |
| Taxable interest | $522 | $772 | $609 | $851 | $773 | $921 | |
| Ordinary dividends | $35 | $105 | $86 | $244 | $227 | $295 | |
| Business or professional net income | $350 | $1,008 | $871 | $1,889 | $0 | $0 | |
| Net capital gain | $1,284 | $276 | $316 | $468 | $44 | $0 | |
| Taxable individual retirement account distributions | $0 | $568 | $1,166 | $1,714 | $0 | $0 | |
| Taxable pensions and annuities | $760 | $2,669 | $3,505 | $4,036 | $6,025 | $4,299 | |
| Unemployment compensation | $0 | $693 | $1,670 | $1,787 | $2,119 | $0 | |
| Taxable Social Security benefits | $0 | $0 | $738 | $2,675 | $4,835 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $1,338 | $2,215 | $4,602 | $11,677 | $19,325 | $25,737 | |
| State and local income taxes | $0 | $146 | $507 | $1,760 | $3,456 | $6,641 | |
| State and local general sales tax | $0 | $68 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $112 | $171 | $306 | $905 | $1,604 | $2,253 | |
| Taxes paid | $176 | $340 | $886 | $2,871 | $5,300 | $10,844 | |
| Mortgage interest paid | $0 | $1,360 | $1,721 | $4,808 | $7,183 | $6,754 | |
| Contributions | $0 | $81 | $209 | $593 | $1,299 | $1,922 | |
| Taxable income | $162 | $4,590 | $17,538 | $36,356 | $53,254 | $101,920 | |
| Total tax credits | $0 | $69 | $329 | $636 | $1,434 | $522 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $0 | $217 | $478 | $1,191 | $0 | |
| Child and dependent care credit | $0 | $0 | $43 | $0 | $125 | $0 | |
| Earned income credit | $314 | $745 | $255 | $0 | $0 | $0 | |
| Excess earned income credit | $243 | $618 | $191 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $16 | $429 | $1,802 | $4,112 | $5,931 | $14,872 | |
| Total tax liability | $181 | $616 | $1,973 | $4,588 | $6,139 | $15,181 | |
| Tax due at time of filing | $55 | $48 | $111 | $307 | $575 | $0 | |
| Overpayments refunded | $-651 | $-1,826 | $-2,281 | $-2,431 | $-3,787 | $-2,655 | |
| Total Tax Liability / AGI | -11% | 4% | 5% | 7% | 7% | 11% |
All numbers in the table are 2010 averages for that income class and zip code.
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