IRS Income Data for South Elgin, IL 60177
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 14% | 15% | 20% | 18% | 13% | 17% | 3% |
| Number of returns | 1,421 | 1,474 | 2,036 | 1,801 | 1,319 | 1,730 | 299 |
| Number of joint returns | 86 | 224 | 509 | 898 | 1,049 | 1,602 | 287 |
| Number of returns from paid preparer | 640 | 796 | 1,146 | 1,042 | 747 | 952 | 206 |
| Total number of exemptions | 967 | 2,411 | 3,945 | 4,286 | 3,953 | 5,798 | 1,145 |
| Total number of dependents | 112 | 435 | 751 | 836 | 801 | 1,210 | 244 |
| Adjusted gross income | $4,025 | $17,396 | $37,125 | $62,350 | $86,916 | $131,322 | $309,078 |
| Salaries and wages | $4,995 | $13,812 | $32,043 | $54,438 | $78,895 | $120,112 | $254,125 |
| Taxable interest | $279 | $352 | $462 | $554 | $531 | $824 | $3,395 |
| Ordinary dividends | $136 | $180 | $235 | $352 | $382 | $565 | $2,160 |
| Business or professional net income | $-18 | $919 | $827 | $986 | $1,338 | $1,877 | $8,276 |
| Net capital gain | $-76 | $17 | $-40 | $203 | $21 | $136 | $6,990 |
| Taxable individual retirement account distributions | $139 | $489 | $793 | $968 | $1,021 | $1,507 | $1,462 |
| Taxable pensions and annuities | $405 | $1,341 | $1,838 | $2,769 | $2,556 | $3,836 | $2,085 |
| Unemployment compensation | $96 | $472 | $702 | $658 | $628 | $453 | $389 |
| Taxable Social Security benefits | $0 | $93 | $624 | $1,318 | $1,068 | $808 | $0 |
| Self-employment retirement plans | $0 | $0 | $0 | $63 | $0 | $100 | $660 |
| Total itemized deductions | $1,431 | $3,180 | $7,944 | $15,202 | $19,513 | $27,329 | $51,269 |
| State and local income taxes | $26 | $64 | $441 | $1,211 | $2,019 | $3,506 | $9,245 |
| State and local general sales tax | $12 | $49 | $99 | $140 | $160 | $135 | $0 |
| Real estate taxes | $287 | $694 | $1,814 | $3,435 | $4,503 | $6,404 | $10,392 |
| Taxes paid | $413 | $830 | $2,408 | $4,865 | $6,740 | $10,113 | $19,902 |
| Mortgage interest paid | $584 | $1,222 | $3,750 | $7,557 | $9,424 | $12,974 | $19,523 |
| Contributions | $20 | $153 | $492 | $977 | $1,497 | $2,394 | $6,735 |
| Taxable income | $380 | $5,172 | $18,853 | $36,877 | $55,659 | $91,739 | $246,910 |
| Total tax credits | $0 | $94 | $369 | $727 | $1,192 | $761 | $1,650 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $7 | $0 | $0 |
| Child tax credit | $0 | $21 | $231 | $575 | $933 | $613 | $0 |
| Child and dependent care credit | $0 | $10 | $29 | $41 | $63 | $85 | $72 |
| Earned income credit | $182 | $713 | $177 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $159 | $639 | $142 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $9 | $67 | $2,600 |
| Income tax | $37 | $468 | $2,034 | $4,578 | $6,984 | $15,243 | $61,422 |
| Total tax liability | $104 | $621 | $2,230 | $4,830 | $7,288 | $15,705 | $62,564 |
| Tax due at time of filing | $30 | $62 | $89 | $237 | $265 | $630 | $4,320 |
| Overpayments refunded | $-594 | $-1,873 | $-2,529 | $-3,243 | $-3,879 | $-3,812 | $-5,429 |
| Total Tax Liability / AGI | 3% | 4% | 6% | 8% | 8% | 12% | 20% |
All numbers in the table are 2010 averages for that income class and zip code.
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