IRS Income Data for Hillsdale, IL 61257
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| Under $10K | $10K - $25K | $25K - $50K | $50K - $75K | $75K - $100K | $100K - $200K | $200K or more | |
|---|---|---|---|---|---|---|---|
| Percent of Returns | 17% | 26% | 23% | 15% | 10% | 9% | 0% |
| Number of returns | 108 | 159 | 141 | 93 | 65 | 56 | 0 |
| Number of joint returns | 14 | 37 | 58 | 68 | 53 | 50 | 0 |
| Number of returns from paid preparer | 61 | 96 | 88 | 62 | 44 | 45 | 0 |
| Total number of exemptions | 103 | 256 | 280 | 238 | 160 | 145 | 0 |
| Total number of dependents | 15 | 44 | 50 | 43 | 23 | 24 | 0 |
| Adjusted gross income | $1,309 | $17,291 | $35,638 | $61,573 | $85,340 | $163,289 | |
| Salaries and wages | $3,329 | $12,828 | $25,403 | $46,535 | $68,114 | $119,586 | |
| Taxable interest | $219 | $282 | $1,028 | $1,428 | $1,144 | $2,184 | |
| Ordinary dividends | $86 | $73 | $389 | $230 | $240 | $313 | |
| Business or professional net income | $113 | $481 | $527 | $740 | $0 | $0 | |
| Net capital gain | $-212 | $0 | $180 | $-150 | $114 | $300 | |
| Taxable individual retirement account distributions | $0 | $529 | $835 | $0 | $1,303 | $0 | |
| Taxable pensions and annuities | $0 | $3,451 | $4,690 | $7,531 | $7,268 | $3,881 | |
| Unemployment compensation | $0 | $154 | $591 | $353 | $993 | $0 | |
| Taxable Social Security benefits | $0 | $140 | $1,256 | $2,916 | $5,003 | $0 | |
| Self-employment retirement plans | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total itemized deductions | $1,171 | $0 | $1,945 | $5,796 | $7,737 | $16,671 | |
| State and local income taxes | $0 | $0 | $106 | $706 | $1,118 | $3,794 | |
| State and local general sales tax | $0 | $80 | $0 | $0 | $0 | $0 | |
| Real estate taxes | $0 | $0 | $236 | $686 | $975 | $2,305 | |
| Taxes paid | $340 | $0 | $357 | $1,443 | $2,294 | $6,169 | |
| Mortgage interest paid | $0 | $0 | $1,041 | $2,293 | $2,378 | $5,050 | |
| Contributions | $0 | $94 | $0 | $270 | $1,022 | $2,250 | |
| Taxable income | $125 | $5,103 | $19,243 | $39,787 | $63,216 | $134,110 | |
| Total tax credits | $0 | $77 | $405 | $711 | $823 | $322 | |
| Residential energy tax credit | $0 | $0 | $0 | $0 | $0 | $0 | |
| Child tax credit | $0 | $32 | $296 | $563 | $442 | $0 | |
| Child and dependent care credit | $0 | $0 | $0 | $38 | $0 | $0 | |
| Earned income credit | $340 | $850 | $222 | $0 | $0 | $0 | |
| Excess earned income credit | $316 | $792 | $180 | $0 | $0 | $0 | |
| Alternative minimum tax | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income tax | $13 | $478 | $1,953 | $4,845 | $8,763 | $27,869 | |
| Total tax liability | $108 | $605 | $2,201 | $5,257 | $9,219 | $29,649 | |
| Tax due at time of filing | $0 | $123 | $131 | $186 | $527 | $4,068 | |
| Overpayments refunded | $-724 | $-1,950 | $-2,029 | $-2,429 | $-2,941 | $-2,559 | |
| Total Tax Liability / AGI | 8% | 3% | 6% | 9% | 11% | 18% |
All numbers in the table are 2010 averages for that income class and zip code.
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