IRS Income Data for Chicago, IL 60655
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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% | 19% | 14% | 19% | 2% |
| Number of returns | 2,263 | 1,818 | 2,464 | 2,656 | 2,054 | 2,698 | 221 |
| Number of joint returns | 61 | 148 | 378 | 854 | 1,339 | 2,436 | 198 |
| Number of returns from paid preparer | 1,097 | 944 | 1,426 | 1,797 | 1,417 | 1,931 | 174 |
| Total number of exemptions | 1,217 | 2,219 | 3,750 | 5,088 | 5,536 | 8,871 | 756 |
| Total number of dependents | 130 | 263 | 563 | 867 | 1,054 | 1,757 | 142 |
| Adjusted gross income | $3,972 | $17,015 | $37,420 | $62,894 | $86,307 | $129,677 | $321,509 |
| Salaries and wages | $3,987 | $11,616 | $28,571 | $50,450 | $71,859 | $111,176 | $199,415 |
| Taxable interest | $234 | $925 | $1,068 | $1,227 | $1,283 | $1,781 | $7,593 |
| Ordinary dividends | $118 | $384 | $484 | $643 | $565 | $1,084 | $4,975 |
| Business or professional net income | $237 | $587 | $478 | $289 | $920 | $1,324 | $7,097 |
| Net capital gain | $-16 | $51 | $43 | $98 | $60 | $853 | $45,678 |
| Taxable individual retirement account distributions | $96 | $618 | $717 | $1,000 | $1,284 | $1,211 | $4,842 |
| Taxable pensions and annuities | $391 | $2,905 | $5,278 | $8,087 | $8,834 | $10,573 | $26,134 |
| Unemployment compensation | $58 | $400 | $446 | $248 | $285 | $245 | $0 |
| Taxable Social Security benefits | $0 | $143 | $1,119 | $1,706 | $1,606 | $1,113 | $2,444 |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $163 | $0 |
| Total itemized deductions | $616 | $1,803 | $4,436 | $11,399 | $14,712 | $20,120 | $35,603 |
| State and local income taxes | $22 | $63 | $262 | $1,009 | $1,640 | $2,920 | $7,760 |
| State and local general sales tax | $8 | $38 | $89 | $199 | $191 | $262 | $0 |
| Real estate taxes | $88 | $220 | $569 | $1,484 | $1,834 | $2,482 | $4,173 |
| Taxes paid | $120 | $343 | $954 | $2,734 | $3,742 | $5,938 | $12,866 |
| Mortgage interest paid | $313 | $606 | $1,907 | $5,595 | $7,612 | $9,503 | $12,144 |
| Contributions | $18 | $140 | $456 | $1,050 | $1,317 | $2,105 | $4,705 |
| Taxable income | $367 | $6,223 | $22,886 | $41,907 | $59,228 | $96,336 | $273,913 |
| Total tax credits | $1 | $75 | $281 | $481 | $969 | $672 | $203 |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $6 | $0 | $0 |
| Child tax credit | $0 | $13 | $134 | $374 | $743 | $559 | $0 |
| Child and dependent care credit | $0 | $5 | $24 | $20 | $22 | $38 | $27 |
| Earned income credit | $130 | $389 | $93 | $0 | $0 | $0 | $0 |
| Excess earned income credit | $111 | $354 | $78 | $0 | $0 | $0 | $0 |
| Alternative minimum tax | $0 | $0 | $0 | $2 | $0 | $37 | $1,487 |
| Income tax | $36 | $593 | $2,710 | $5,952 | $8,214 | $16,405 | $65,724 |
| Total tax liability | $81 | $697 | $2,857 | $6,056 | $8,426 | $16,741 | $67,007 |
| Tax due at time of filing | $19 | $75 | $136 | $177 | $198 | $647 | $10,012 |
| Overpayments refunded | $-493 | $-1,453 | $-2,043 | $-3,450 | $-4,430 | $-3,894 | $-4,085 |
| Total Tax Liability / AGI | 2% | 4% | 8% | 10% | 10% | 13% | 21% |
All numbers in the table are 2010 averages for that income class and zip code.
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