IRS Income Data for Chicago, IL 60610
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 13% | 14% | 20% | 16% | 10% | 15% | 12% |
| Number of returns | 3,145 | 3,321 | 4,818 | 3,866 | 2,322 | 3,537 | 2,947 |
| Number of joint returns | 194 | 156 | 260 | 288 | 381 | 1,156 | 1,777 |
| Number of returns from paid preparer | 1,650 | 1,740 | 2,266 | 1,823 | 1,223 | 2,169 | 2,374 |
| Total number of exemptions | 3,316 | 4,839 | 5,927 | 4,548 | 2,941 | 5,251 | 5,902 |
| Total number of dependents | 454 | 869 | 512 | 266 | 168 | 395 | 732 |
| Adjusted gross income | $1,757 | $17,045 | $37,697 | $61,683 | $86,279 | $138,853 | $862,474 |
| Salaries and wages | $6,858 | $12,844 | $32,775 | $52,897 | $71,808 | $108,544 | $407,388 |
| Taxable interest | $2,994 | $707 | $757 | $1,248 | $1,894 | $3,513 | $35,489 |
| Ordinary dividends | $2,053 | $829 | $968 | $1,590 | $2,275 | $5,350 | $55,306 |
| Business or professional net income | $-2,556 | $1,671 | $1,312 | $1,848 | $2,296 | $4,640 | $33,581 |
| Net capital gain | $5,316 | $-9 | $73 | $251 | $583 | $2,679 | $188,645 |
| Taxable individual retirement account distributions | $901 | $409 | $573 | $1,036 | $2,200 | $3,380 | $9,945 |
| Taxable pensions and annuities | $435 | $843 | $1,250 | $2,198 | $3,613 | $5,288 | $10,021 |
| Unemployment compensation | $97 | $365 | $291 | $166 | $160 | $136 | $139 |
| Taxable Social Security benefits | $0 | $118 | $547 | $1,280 | $1,991 | $2,596 | $4,337 |
| Self-employment retirement plans | $22 | $0 | $44 | $95 | $248 | $514 | $5,426 |
| Total itemized deductions | $6,224 | $2,538 | $4,354 | $8,478 | $13,794 | $22,702 | $115,878 |
| State and local income taxes | $662 | $144 | $421 | $962 | $1,793 | $3,642 | $36,036 |
| State and local general sales tax | $18 | $30 | $45 | $78 | $96 | $137 | $98 |
| Real estate taxes | $915 | $370 | $608 | $1,258 | $2,214 | $3,641 | $10,626 |
| Taxes paid | $1,802 | $567 | $1,121 | $2,350 | $4,194 | $7,632 | $49,181 |
| Mortgage interest paid | $1,666 | $718 | $1,659 | $3,664 | $6,135 | $9,568 | $18,397 |
| Contributions | $35 | $138 | $340 | $734 | $1,205 | $2,353 | $29,023 |
| Taxable income | $232 | $5,742 | $25,023 | $46,103 | $65,819 | $109,839 | $743,384 |
| Total tax credits | $3 | $127 | $244 | $105 | $151 | $200 | $4,608 |
| Residential energy tax credit | $0 | $0 | $1 | $0 | $0 | $0 | $0 |
| Child tax credit | $0 | $18 | $62 | $48 | $50 | $24 | $0 |
| Child and dependent care credit | $0 | $4 | $15 | $6 | $3 | $10 | $18 |
| Earned income credit | $344 | $890 | $63 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $288 | $768 | $54 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $3 | $0 | $17 | $188 | $5,851 |
| Income tax | $48 | $489 | $3,152 | $7,631 | $12,030 | $22,744 | $202,438 |
| Total tax liability | $274 | $775 | $3,418 | $7,975 | $12,489 | $23,585 | $209,840 |
| Tax due at time of filing | $118 | $115 | $232 | $391 | $615 | $1,392 | $16,081 |
| Overpayments refunded | $-2,649 | $-2,083 | $-1,801 | $-2,301 | $-3,078 | $-4,065 | $-16,687 |
| Total Tax Liability / AGI | 16% | 5% | 9% | 13% | 14% | 17% | 24% |
All numbers in the table are 2010 averages for that income class and zip code.
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