IRS Income Data for Olympia Fields, IL 60461
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 16% | 13% | 17% | 12% | 12% | 20% | 9% |
| Number of returns | 388 | 320 | 416 | 303 | 294 | 491 | 218 |
| Number of joint returns | 39 | 45 | 82 | 87 | 161 | 371 | 185 |
| Number of returns from paid preparer | 211 | 181 | 241 | 201 | 187 | 307 | 168 |
| Total number of exemptions | 339 | 499 | 730 | 559 | 642 | 1,204 | 567 |
| Total number of dependents | 42 | 90 | 133 | 106 | 104 | 192 | 89 |
| Adjusted gross income | $2,340 | $16,950 | $37,257 | $61,921 | $85,915 | $136,922 | $401,672 |
| Salaries and wages | $4,574 | $11,015 | $24,658 | $40,734 | $51,794 | $80,855 | $214,269 |
| Taxable interest | $1,061 | $771 | $1,587 | $1,931 | $1,708 | $3,587 | $10,220 |
| Ordinary dividends | $464 | $819 | $1,017 | $1,613 | $1,613 | $3,770 | $16,962 |
| Business or professional net income | $-1,205 | $482 | $59 | $292 | $1,353 | $3,803 | $18,651 |
| Net capital gain | $112 | $0 | $16 | $122 | $1,028 | $1,561 | $20,072 |
| Taxable individual retirement account distributions | $583 | $738 | $1,619 | $3,465 | $5,644 | $9,930 | $18,856 |
| Taxable pensions and annuities | $1,077 | $3,357 | $7,131 | $11,468 | $17,835 | $24,512 | $23,610 |
| Unemployment compensation | $138 | $609 | $420 | $331 | $362 | $359 | $0 |
| Taxable Social Security benefits | $0 | $281 | $1,839 | $4,586 | $5,874 | $6,095 | $7,677 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $259 | $2,463 |
| Total itemized deductions | $3,766 | $4,766 | $10,305 | $18,076 | $24,614 | $32,168 | $56,204 |
| State and local income taxes | $142 | $144 | $376 | $1,001 | $1,422 | $2,697 | $12,718 |
| State and local general sales tax | $15 | $89 | $243 | $291 | $469 | $538 | $390 |
| Real estate taxes | $1,101 | $1,266 | $2,176 | $4,015 | $5,841 | $7,098 | $10,207 |
| Taxes paid | $1,423 | $1,529 | $2,870 | $5,437 | $7,837 | $10,690 | $24,461 |
| Mortgage interest paid | $1,301 | $1,361 | $3,758 | $6,915 | $10,173 | $11,729 | $14,065 |
| Contributions | $77 | $520 | $1,432 | $3,052 | $3,754 | $6,139 | $13,369 |
| Taxable income | $255 | $4,256 | $17,904 | $35,398 | $52,557 | $95,318 | $337,710 |
| Total tax credits | $0 | $95 | $350 | $348 | $375 | $279 | $265 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $30 | $150 | $238 | $258 | $155 | $0 |
| Child and dependent care credit | $0 | $0 | $49 | $38 | $25 | $39 | $26 |
| Earned income credit | $237 | $887 | $118 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $197 | $743 | $95 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $182 | $3,586 |
| Income tax | $20 | $341 | $1,876 | $4,871 | $7,566 | $17,090 | $87,356 |
| Total tax liability | $217 | $615 | $2,084 | $5,126 | $8,104 | $17,903 | $89,787 |
| Tax due at time of filing | $53 | $120 | $219 | $373 | $842 | $1,612 | $8,608 |
| Overpayments refunded | $-799 | $-2,113 | $-2,221 | $-3,324 | $-3,490 | $-3,456 | $-9,571 |
| Total Tax Liability / AGI | 9% | 4% | 6% | 8% | 9% | 13% | 22% |
All numbers in the table are 2010 averages for that income class and zip code.
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